Improving Corporate Governance Through Diversity Act of 2023
- Last Action
- 6/15/2023
Actions
- 2023-06-15Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2023-06-15Introduced in Senate
CRS Summary
As of 2023-06-15 (00)
Improving Corporate Governance Through Diversity Act of 2023
This bill requires certain issuers of securities to disclose the racial, ethnic, and gender composition of their boards of directors and executive officers, as well as the status of any of those directors and officers as a veteran. It also requires the disclosure of any plan to promote racial, ethnic, and gender diversity among these groups.
The Securities and Exchange Commission must establish a Diversity Advisory Group to report on strategies to increase gender, racial, and ethnic diversity among board members.
Cosponsors (9)
- Catherine Cortez Masto (D-NV)
- Mazie Hirono (D-HI)
- Tina Smith (D-MN)
- Elizabeth Warren (D-MA)
- Cory Booker (D-NJ)
- Raphael Warnock (D-GA)
- Sherrod Brown (D-OH)
- Chris Van Hollen (D-MD)
- Alex Padilla (D-CA)
Sourced from Congress.gov (public domain).
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