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US HR1277

US HR1277
Improving Corporate Governance Through Diversity Act of 2021


summary

Introduced
02/24/2021
In Committee
04/21/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Securities Exchange Act of 1934 to require the submission by issuers of data relating to diversity, and for other purposes.

AI Summary

This bill amends the Securities Exchange Act of 1934 to require issuers (publicly traded companies) to disclose data on the racial, ethnic, and gender composition of their board of directors, director nominees, and executive officers. It also requires the Securities and Exchange Commission (SEC) to establish a Diversity Advisory Group to study and make recommendations on strategies to increase diversity among corporate boards. The bill aims to promote transparency and diversity in corporate governance.

Committee Categories

Business and Industry

Sponsors (13)

Last Action

Placed on the Union Calendar, Calendar No. 164. (on 01/20/2022)

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