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Bill > S3361


US S3361

US S3361
Workforce Investment Disclosure Act of 2020


summary

Introduced
02/27/2020
In Committee
02/27/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

A bill to amend the Securities Exchange Act of 1934 to require issuers to disclose to the Securities and Exchange Commission information regarding human capital management policies, practices, and performance, and for other purposes. This bill requires an issuer of securities to disclose certain information regarding human capital management policies, practices, and performance. This information includes workforce data related to full-time, part-time, and contingent employees; turnover and retention rates; racial, ethnic, and gender composition; skills, training, and capabilities; health and safety; compensation and incentives; and recruiting.

AI Summary

This bill amends the Securities Exchange Act of 1934 to require issuers of securities to disclose information regarding their human capital management policies, practices, and performance. The required disclosures include workforce data related to full-time, part-time, and contingent employees; turnover and retention rates; racial, ethnic, and gender composition; skills, training, and capabilities; health and safety; compensation and incentives; and recruiting. The bill also requires the Securities and Exchange Commission (SEC) to conduct a study on the value to investors of information about issuers' human rights commitments, workforce-related violations, and employee engagement and wellbeing.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 02/27/2020)

bill text


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