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MA S1094

MA S1094
Ensuring fair worker representation on corporate boards of directors


summary

Introduced
01/22/2019
In Committee
11/14/2019
Crossed Over
Passed
Dead
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)

bill text


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