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H 1112

An Act relative to control share acquisitions

194th Legislature (2025-2026) Introduced by Tackey Chan

Overview: H 1112 is a bill relative to control share acquisitions. It has had a hearing rescheduled to 10/07/2025 from 10:30 AM-01:10 PM in A-2 and the virtual hearing updated to a

Hearing rescheduled to 10/07/2025 from 10:30 AM-01:10 PM in A-2 and Virtual Hearing updated to New End Time
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WeVote Research Nonpartisan
Bill Summary · H 1112

Overview: H 1112 is a bill relative to control share acquisitions. It has had a hearing rescheduled to 10/07/2025 from 10:30 AM-01:10 PM in A-2 and the virtual hearing updated to a new end time.

Purpose and Intent: The main purpose of this bill is to regulate control share acquisitions, which occur when a person or group acquires a significant ownership stake in a company. The legislative intent is to protect shareholders and ensure fair and transparent transactions.

Key Provisions:
- Requires shareholder approval for control share acquisitions above a certain ownership threshold
- Establishes procedures for determining the voting rights of control shares
- Provides exemptions for certain types of transactions and shareholders
- Imposes disclosure requirements for control share acquisitions

Affected Parties and Impacts: The bill would primarily impact companies incorporated in Massachusetts, their shareholders, and potential acquirers of control shares. It aims to balance the interests of all stakeholders in control share transactions.

Procedural and Timeline Considerations: The bill has had its hearing rescheduled to 10/07/2025 from 10:30 AM-01:10 PM in A-2, and the virtual hearing updated to a new end time. This suggests the legislative process is ongoing, with further consideration and potential amendments before a final vote.

Compiled from official sources — confirm details with the bill’s official record.

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