summary
Introduced
02/06/2019
02/06/2019
In Committee
07/11/2019
07/11/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Securities Exchange Act of 1934 to require the submission by issuers of data relating to diversity and for other purposes. 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.
AI Summary
This bill amends the Securities Exchange Act of 1934 to require 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 the issuer has to promote racial, ethnic, and gender diversity among these groups. The bill directs the Director of the Office of Minority and Women Inclusion of the Securities and Exchange Commission to publish best practices for compliance with these disclosure requirements and to establish an advisory council to advise on those best practices.
Committee Categories
Business and Industry
Sponsors (28)
Gregory Meeks (D)*,
Alma Adams (D),
Don Beyer (D),
Anthony Brindisi (D),
Tony Cárdenas (D),
Gil Cisneros (D),
Yvette Clarke (D),
Emanuel Cleaver (D),
Steve Cohen (D),
Madeleine Dean (D),
Marcia Fudge (D),
Vicente Gonzalez (D),
Al Green (D),
Alcee Hastings (D),
Raja Krishnamoorthi (D),
Al Lawson (D),
Barbara Lee (D),
Carolyn Maloney (D),
Gwen Moore (D),
Eleanor Holmes Norton (D),
Kathleen Rice (D),
Bobby Rush (D),
Tim Ryan (D),
David Scott (D),
Terri Sewell (D),
Adam Smith (D),
Bennie Thompson (D),
Bonnie Watson Coleman (D),
Last Action
Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 5. (on 07/11/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/1018/all-info |
| BillText | https://www.congress.gov/116/bills/hr1018/BILLS-116hr1018ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr1018/BILLS-116hr1018ih.pdf.pdf |
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