Stop Woke Investing Act

This bill limits the number of shareholder proposals that public companies must include in their proxy materials based on the company's filing status: non-accelerated filers must include no more than 2 proposals, accelerated filers no more than 4, and large accelerated filers no more than 7. Proposals must have a "material" financial effect on the company - defined as a substantial financial risk or return relevant to investor decisions - to be included, excluding those focused on non-financial goals like environmental or social issues. The Securities and Exchange Commission must update proxy rules within 180 days to implement these limits and require companies to disclose their selection method for proposals. It directly affects large public companies and their shareholders seeking to influence corporate policies on social or environmental matters through voting.