Improving Corporate Governance Through Diversity Act of 2021
- Last Action
- 9/15/2022
Actions
- 2022-09-15Committee on Banking, Housing, and Urban Affairs. Hearings held.
- 2022-09-15Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-748.
- 2021-02-23Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2021-02-23Introduced in Senate
CRS Summary
As of 2021-02-23 (00)
Improving Corporate Governance Through Diversity Act of 2021
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 (11)
- Elizabeth Warren (D-MA)
- Chris Van Hollen (D-MD)
- Cory Booker (D-NJ)
- Dianne Feinstein (D-CA)
- Alex Padilla (D-CA)
- Kirsten Gillibrand (D-NY)
- Catherine Cortez Masto (D-NV)
- Raphael Warnock (D-GA)
- Sherrod Brown (D-OH)
- Tina Smith (D-MN)
- Mazie Hirono (D-HI)
Subjects
- Advisory bodies
- Business records
- Congressional oversight
- Corporate finance and management
- Employment discrimination and employee rights
- Government information and archives
- Government studies and investigations
- Minority employment
- Racial and ethnic relations
- Securities
- Sex, gender, sexual orientation discrimination
- Veterans' education, employment, rehabilitation
- Women in business
- Women's employment
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.