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Amendments · HAMDT 123
FAILED· 119TH CONGRESS· HOUSE
House AmendmentHAMDT 123
Amendment sought to strike section 307 relating to enhancing multi-class share disclosures.
· LAST ACTION DEC 11
- Amendment, not the bill
- Failed — base text stands
- Effect depends on parent bill
DISPOSITION
FAILED
DEC 11
“On agreeing to the Self amendment (A001) Failed by recorded vote: 54 - 374 (Roll no. 325). (consideration: CR H5790-5791)”
OTHER AMENDMENTS TO THIS BILL
- HAMDT 125Amendment sought to require investment advisers and hedge funds to perform know-your-customer verification and implement…FAILED
- HAMDT 127Amendment sought to define and prohibit fees charged by Securities and Exchange Commission-registered individuals and en…FAILED
- HAMDT 126(no purpose recorded)FAILED
- HAMDT 124(no purpose recorded)ADOPTED
§ 03
SUMMARY
WHAT THIS CHANGES
This amendment tried to remove a requirement in the bill that would force companies with multiple types of stock (like those where founders have more voting power than regular investors) to provide more information to the public. Since the amendment failed, that transparency requirement remains part of the bill as it moves forward.
§ 04
KEY POINTS
3POINT 01
Sought to remove disclosure rules
The amendment would have prevented new requirements for companies to explain their complicated voting structures to the public.
POINT 02
Amendment failed overwhelmingly
The vote of 54-374 shows strong bipartisan support for keeping the transparency rules in the bill.
POINT 03
Focus on multi-class shares
These structures often allow founders to maintain control even if they own a minority of the company's total value.
§ 05
SPONSORSHIP
1 + 0
R· Texas
§ 06
ACTION TIMELINE
6 EVENTSDEC 11
DEC 11
On agreeing to the Self amendment (A001) Failed by recorded vote: 54 - 374 (Roll no. 325). (consideration: CR H5790-5791)
DEC 11
House amendment not agreed to: On agreeing to the Self amendment (A001) Failed by recorded vote: 54 - 374 (Roll no. 325). (consideration: CR H5790-5791)
§ 07
AMENDMENT INFO
TypeHouse Amendment
NumberHAMDT 123
Congress119th
ChamberHouse
StatusFAILED
SubmittedDec 10, 2025
Last actionDec 11, 2025
§ 09
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FAILED· 119TH CONGRESS · HOUSE
House AmendmentHAMDT 123
Amendment sought to strike section 307 relating to enhancing multi-class share disclosures.
An amendment numbered 1 printed in Part B of House Report 119-399 to strike section 307 relating to enhancing multi-class share disclosures.
· SUBMITTED DEC 10, 2025· LAST ACTION DEC 11, 2025
DISPOSITION
FAILED
COSPONSORS
0
DAYS SINCE ACTION
287
