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US HR3471

US HR3471
Workforce Investment Disclosure Act of 2021


summary

Introduced
05/25/2021
In Committee
05/25/2021
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 issuers to disclose to the Securities and Exchange Com- mission information regarding workforce management policies, practices, and performance, and for other pur- poses.

AI Summary

This bill, the Workforce Investment Disclosure Act of 2021, would amend the Securities Exchange Act of 1934 to require public companies to disclose information about their workforce management policies, practices, and performance. The bill aims to improve transparency around companies' investments in their workers, including details on workforce demographics, stability, composition, skills, health and well-being, compensation, recruiting, and engagement. The goal is to enable investors to better assess companies' long-term financial performance based on their treatment of employees. The bill also directs the Securities and Exchange Commission to conduct a study on the value to investors of information related to companies' human rights commitments and workforce-related violations, satisfaction, and investment trends.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Financial Services. (on 05/25/2021)

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