H4985Introduced in the House
Proxy Advisory Transparency Act
Introduced by Brandon Newton, District 45
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Amend The South Carolina Code Of Laws By Enacting The "proxy Advisor Transparency Act" By Adding Article 9 To Chapter 5, Title 39 So As To Require Proxy Advisors To Issue Specified Disclosures When Making Certain Recommendations Without Relying On A Written Financial Analysis; And To Provide That A Violation Of This Article Is A Deceptive Trade Practice Subject To The Investigatory And Enforcement Powers Of The Attorney General, As Well As A Private Right Of Action By Any Aggrieved Person.
Where it stands
Member(s) request name added as sponsor: M.M.Smith
February 11, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Introduced and read first time
Referred to Committee on Labor, Commerce and Industry
Member(s) request name added as sponsor: M.M.Smith
Verify the information
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