Introduced
S. 1670
Introduced in Senate · May 22, 2025May 8, 2025
Mr. Sullivan (for himself, Mr. Daines, Mr. Cornyn, Mr. Cassidy, Mr. Tillis, Mr. Scott of Florida, Mr. Kennedy, Mr. Hagerty, and Mr. Grassley) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs
A BILL
To amend the Investment Advisers Act of 1940 to require investment advisers for passively managed funds to arrange for pass-through voting of proxies for certain securities, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “INvestor Democracy is EXpected Act” or the “INDEX Act”.