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INDEX Act

6/4/2025, 5:03 PM

Summary of Bill S 1670

This bill, titled "A bill to amend the Investment Advisers Act of 1940," was introduced in the 119th session of Congress with the designation S. 1670 on May 8, 2025. The bill aims to require investment advisers for passively managed funds to arrange for pass-through voting of proxies for certain securities, among other purposes.

Current Status of Bill S 1670

Bill S 1670 is currently in the status of Bill Introduced since May 8, 2025. Bill S 1670 was introduced during Congress 119 and was introduced to the Senate on May 8, 2025.  Bill S 1670's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of May 8, 2025

Bipartisan Support of Bill S 1670

Total Number of Sponsors
4
Democrat Sponsors
0
Republican Sponsors
4
Unaffiliated Sponsors
0
Total Number of Cosponsors
17
Democrat Cosponsors
0
Republican Cosponsors
17
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1670

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 1670

A bill to amend the Investment Advisers Act of 1940 to require investment advisers for passively managed funds to arrange for pass-through voting of proxies for certain securities, and for other purposes.
A bill to amend the Investment Advisers Act of 1940 to require investment advisers for passively managed funds to arrange for pass-through voting of proxies for certain securities, and for other purposes.

Comments

Jiraiya Pitts profile image

Jiraiya Pitts

687

9 months ago

I don't like this new bill. It's gonna mess with my investments and I don't want that. It's just gonna make things more complicated for me and I don't need that stress. #notcool

Clare Cook profile image

Clare Cook

581

9 months ago

I can't believe this is happening. It's just so sad.