,i  #aaeth ,,congress  #b;d ,session    
,h4 ,r4 #fcbb  ,,in ,,the ,,house ,,of  
,,representatives  ,july #aj1 #bjah,mr4 
,meeks introduced the following bill2   
which was referred to the ,committee on 
,financial ,services  ,a ,,bill  ,to    
amend the ,securities ,exchange ,act of 
#aicd to require issuers with a         
multi-class stock structure to make     
certain disclosures in any proxy or     
consent solicitation material1 and for  
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,enhancing     
,multi-,class ,stock ,disclosures ,act4 
#b4 ,reporting on certain issuers       
,section #ad of the ,securities         
,exchange ,act of #aicd 7#ae ,u4,s4,c4  
#ghn7 is amended by adding at the end   
the following3  7k7 ,disclosure for     
issuers with multi-,class stock         
structure  7#a7 ,disclosure ,the        
,commission shall1 by rule1 require each
 issuer with a multi-class stock        
structure to disclose the information   
described in paragraph 7#b7 in any proxy

 or consent solicitation material for an
 annual meeting of the shareholders of  
the issuer4  7#b7 ,content ,a disclosure
 made under paragraph 7#a7 shall        
include1 with respect to each person who
 is a director or executive officer of  
the issuer or who1 directly or          
indirectly1 holds #e percent or more of 
the total combined voting power of all  
classes of stock entitled to vote in the
 election of directors--  7,a7 the      
amount of equity interest directly or   
indirectly owned by such person1        
expressed as a percentage of the total  
value of the outstanding equity         
securities of the issuer2 and  7,b7 the 
amount of voting power held by such     
person1 expressed as a percentage of the
 total combined voting power of all     
classes of the securities of the issuer 
entitled to vote in the election of     
directors4  7#c7 multi-class stock      
structure ,in this subsection1 the term 
multi-class stock structure means a     
capitalization structure that contains  

#b or more classes of stock that have   
different amounts of voting power4  4