I 118th CONGRESS 1st Session H. R. 4657 IN THE HOUSE OF REPRESENTATIVES July 14, 2023 Mr. Rose introduced the following bill; which was referred to the Committee on Financial Services A BILL To clarify that an issuer may exclude a shareholder proposal pursuant to section 240.14a–8(i) of title 17, Code of Federal Regulations, without regard to whether such proposal relates to a significant social policy issue.

1. Exclusions available regardless of significant social policy issue An issuer may exclude a shareholder proposal pursuant to section 240.14a–8(i) of title 17, Code of Federal Regulations, without regard to whether such shareholder proposal relates to a significant social policy issue.