summary
Introduced
03/29/2021
03/29/2021
In Committee
02/24/2022
02/24/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to ensure fair worker representation on corporate boards of directors. Labor and Workforce Development.
AI Summary
This bill seeks to ensure fair worker representation on corporate boards of directors. It would require that not less than two-fifths of the directors of corporations with more than $100 million in gross receipts in a given taxable year be elected by the employees of the corporation using an election process. The directors elected by employees would have the same rights, powers, duties, and responsibilities as directors elected by the stockholders.
Committee Categories
Labor and Employment
Sponsors (2)
Last Action
Bill reported favorably by committee and referred to the committee on Senate Rules (on 02/24/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://malegislature.gov/Bills/192/S1223 |
Bill | https://malegislature.gov/Bills/192/S1223.pdf |
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