summary
Introduced
05/25/2021
05/25/2021
In Committee
05/25/2021
05/25/2021
Crossed Over
Passed
Dead
01/03/2023
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 aims to amend the Securities Exchange Act of 1934 to require publicly traded companies (known as "issuers") to disclose information about their workforce management policies, practices, and performance. The key provisions include requiring issuers to report workforce demographic data, workforce stability and turnover, workforce composition and diversity, workforce skills and training, workforce health and safety, workforce compensation and benefits, workforce recruiting and hiring, and workforce engagement and productivity. The bill also directs the Securities and Exchange Commission (SEC) to promulgate regulations to implement these disclosure requirements within two years, and provides a backstop in case the SEC does not meet that deadline. Additionally, the bill requires the SEC to conduct a study on the value to investors of information about issuers' human rights commitments and other workforce-related data.
Committee Categories
Housing and Urban Affairs
Sponsors (2)
Last Action
Committee on Banking, Housing, and Urban Affairs. Hearings held. (on 09/14/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/1815/all-info |
| BillText | https://www.congress.gov/117/bills/s1815/BILLS-117s1815is.pdf |
| Bill | https://www.congress.gov/117/bills/s1815/BILLS-117s1815is.pdf.pdf |
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