,,ii  #aahth ,,congress  #b;d ,session  
,s4 #cgjc  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,january #ca1  
#bjbd,mr4 ,hagerty introduced the       
following bill2 which was read twice and
 referred to the ,committee on ,banking1
 ,housing1 and ,urban ,affairs  ,a      
,,bill  ,to clarify that an issuer may  
exclude a shareholder proposal pursuant 
to section #bdj4ad;a-#h7;i7 of title    
#ag1 ,code of ,federal ,regulations1    
without regard to whether that proposal 
relates to a significant social policy  
issue4  #a4 ,short title ,this ,act may 
be cited as the ,rejecting ,extremist   
,shareholder ,proposals that ,inhibit   
and ,thwart ,enterprise for ,businesses 
,act or the ,,respite for ,businesses   
,act4  #b4 ,exclusions available        
regardless of significant social policy 
issue ,an issuer may exclude a          
shareholder proposal pursuant to section
 #bdj4ad;a-#h7;i7 of title #ag1 ,code of
 ,federal ,regulations1 or any successor
 regulation1 without regard to whether  

that shareholder proposal relates to a  
significant social policy issue4