Enhancing Multi-Class Share Disclosures Act

Hozzl · 2026-03-02T15:17:38Z

Explore the details of Senate Bill 3831 Enhancing Multi-Class Share Disclosures Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

3/2/2026, 3:17 PM

Summary of Bill S 3831

The bill, designated as S. 3831 in the 119th Congress and introduced on February 11, 2026, aims to amend the Securities and Exchange Act of 1934. It specifically focuses on requiring issuers with a multi-class stock structure to disclose certain information in any proxy or consent solicitation material. The bill also includes provisions for other purposes, likely related to enhancing transparency and corporate governance in relation to stock structures.

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Current Status of Bill S 3831

Bill S 3831 is currently in the status of Bill Introduced since February 11, 2026. Bill S 3831 was introduced during Congress 119 and was introduced to the Senate on February 11, 2026. Bill S 3831's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 11, 2026

Bipartisan Support of Bill S 3831

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3831

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 3831

A bill to amend the Securities and Exchange Act of 1934 to require issuers with a multi-class stock structure to make certain disclosures in any proxy or consent solicitation material, and for other purposes.