summary
Introduced
02/24/2021
02/24/2021
In Committee
02/24/2021
02/24/2021
Crossed Over
Passed
Dead
06/30/2021
06/30/2021
Introduced Session
2021 Regular Session
Bill Summary
A N A C T RELATING TO CORPORATIONS - ASSOCIATIONS, AND PARTNERSHIPS - GENERAL PROVISIONS *** This act would require publicly held corporations to be represented by women on their 1 boards of directors. Fines would be imposed for non-compliance. 2 This act would take effect upon passage. 3 ======== LC001442 ========
AI Summary
This bill requires publicly held corporations with principal executive offices located in Rhode Island to have at least one female director on their board by January 1, 2022, and to have a minimum number of female directors based on the total number of directors on the board by January 1, 2023. The Secretary of State is required to publish reports on compliance with these requirements. The bill also allows the Secretary of State to impose fines for non-compliance.
Committee Categories
Business and Industry
Sponsors (6)
Julie Casimiro (D)*,
Deb Fellela (D)*,
Barbara Ann Fenton Fung (R)*,
Pat Serpa (D)*,
Mary Ann Shallcross-Smith (D)*,
Teresa Tanzi (D)*,
Last Action
Committee recommended measure be held for further study (on 03/23/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| BillText | http://webserver.rilin.state.ri.us/BillText21/HouseText21/H5905.pdf |
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