,,ib  ,union ,calendar ,no4 #fgg  #aaeth
 ,,congress  #b;d ,session  ,h4 ,r4     
#fcbb  ,report ,no4 #aae-hgi  ,,in ,,the
 ,,house ,,of ,,representatives  ,july  
#aj1 #bjah ,mr4 ,meeks introduced the   
following bill2 which was referred to   
the ,committee on ,financial ,services  
,july #ca1 #bjah ,reported with an      
amendment1 committed to the ,committee  
of the ,whole ,house on the ,state of   
the ,union1 and ordered to be printed   
,strike out all after the enacting      
clause and insert the part printed in   
italic ,for text of introduced bill1 see
 copy of bill as introduced on ,july    
#aj1 #bjah  ,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 ,share     
,disclosures ,act4  #b4 ,disclosure     
,relating to ,multi-,class ,share       

,structures ,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 share     
structures  7#a7 ,disclosure ,the       
,commission shall1 by rule1 require each
 issuer with a multi-class share        
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 issuer1 or any other filing as the  
,commission determines appropriate4     
7#b7 ,content ,a disclosure made under  
paragraph 7#a7 shall include1 with      
respect to each person who is a         
director1 director nominee1 or named    
executive officer of the issuer1 or who 
is the beneficial owner of securities   
with #e percent or more of the total    
combined voting power of all classes of 
securities entitled to vote in the      
election of directors--  7,a7 the number
 of shares of all classes of securities 

entitled to vote in the election of     
directors beneficially owned by such    
person1 expressed as a percentage of the
 total number of the outstanding        
securities of the issuer entitled to    
vote in the election of directors2 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 share  
structure ,in this subsection1 the term 
multi-class share structure means a     
capitalization structure that contains  
#b or more classes of securities that   
have differing amounts of voting rights 
in the election of directors4  4  ,july 
#ca1 #bjah ,reported with an amendment1 
committed to the ,committee of the      
,whole ,house on the ,state of the      
,union1 and ordered to be printed