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SB375Introduced in the Senate

Enacting the proxy advisor transparency act, requiring proxy advisors to make certain disclosures when recommending an action against company management, authorizing the attorney general to investigate and take enforcement actions against violators and establishing a private right of action for a declaratory judgment or injunctive relief.

Passed

Introduced by Judiciary

What does this bill do?

Plain-English breakdown

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Official description

Enacting the proxy advisor transparency act, requiring proxy advisors to make certain disclosures when recommending an action against company management, authorizing the attorney general to investigate and take enforcement actions against violators and establishing a private right of action for a declaratory judgment or injunctive relief.

Where it stands

House Motion to override veto prevailed; Yea: 87 Nay: 36

April 9, 2026

How did lawmakers vote?

House votes

2 recorded votes · each counted separately

Senate votes

3 recorded votes · each counted separately

HouseStage: House Motion to override veto prevailed - Yea: 87 Nay: 36 · April 9, 2026

87

Yes

36

No

2

Absent or Not Voting

125 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

See how each representative voted

Bill history

  1. Senate Introduced

  2. Senate Referred to Committee on Judiciary

  3. Senate Hearing: Tuesday, February 10, 2026, 10:30 AM Room 346-S

  4. Senate Committee Report recommending bill be passed by Committee on Judiciary

  5. Senate Committee of the Whole - Motion to Amend - Offered by Senator Warren

  6. Senate Committee of the Whole - Amendment by Senator Warren was adopted

  7. Senate Committee of the Whole - Motion to Amend - Offered by Senator Warren

  8. Senate Committee of the Whole - Amendment by Senator Warren was adopted

  9. Senate Committee of the Whole - Be passed as amended

  10. Senate Emergency Final Action - Passed as amended; Yea: 31 Nay: 9

  11. House Received and Introduced

  12. House Referred to Committee on Financial Institutions and Pensions

  13. House Hearing: Wednesday, March 4, 2026, 9:00 AM Room 582-N

  14. House Committee Report recommending bill be passed as amended by Committee on Financial Institutions and Pensions

  15. House Committee of the Whole - Committee Report be adopted

  16. House Committee of the Whole - Be passed as amended

  17. House Emergency Final Action - Passed as amended; Yea: 84 Nay: 40

  18. Senate Nonconcurred with amendments; Conference Committee requested; appointed Senator Warren , Senator Titus and Senator Corson as conferees

  19. House Motion to accede adopted; Representative Hoheisel, Representative Stiens and Representative Xu appointed as conferees

  20. Senate Concurred with amendments in conference; Yea: 32 Nay: 8

  21. Senate Enrolled and presented to Governor on Friday, March 27, 2026

  22. Senate Vetoed by Governor; Returned to Senate on Monday, April 6, 2026

  23. Senate Motion to override veto prevailed; Yea: 31 Nay: 8

  24. House Motion to override veto prevailed; Yea: 87 Nay: 36

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