Bill
Bill > S1094
summary
Introduced
01/22/2019
01/22/2019
In Committee
11/14/2019
11/14/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to ensure fair worker representation on corporate boards of directors. Labor and Workforce Development.
AI Summary
This bill aims to ensure fair worker representation on corporate boards of directors. It proposes amending the state's General Laws to require that not less than two-fifths of a corporation's directors be elected by the corporation's employees through an election process. The directors elected by employees would have the same rights, powers, duties, and responsibilities as directors elected by stockholders. This requirement would only apply to corporations with more than $100 million in gross receipts in a given taxable year.
Committee Categories
Labor and Employment
Sponsors (3)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Rules (on 11/14/2019)
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://malegislature.gov/Bills/191/S1094 |
| Bill | https://malegislature.gov/Bills/191/S1094.pdf |
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