summary
Introduced
11/14/2019
11/14/2019
In Committee
11/14/2019
11/14/2019
Crossed Over
11/20/2019
11/20/2019
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
Improving Corporate Governance Through Diversity Act of 2019 Improving Corporate Governance Through Diversity Act of 2019 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.
AI Summary
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.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (6)
Gregory Meeks (D)*,
Gil Cisneros (D),
Emanuel Cleaver (D),
Chrissy Houlahan (D),
Carolyn Maloney (D),
David Scott (D),
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 11/20/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
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