Bill > S978

This bill aims to promote fair investment practices by prohibiting professional investors from engaging in sexual harassment or discrimination based on protected characteristics when sponsoring, guaranteeing, or granting funds. It requires the Massachusetts Commission Against Discrimination (MCAD) to establish compliance guidelines for professional investors, including policies, procedures, and self-evaluations to ensure progress in providing funding to historically disadvantaged members of protected classes and companies they direct, own, or manage. The bill also allows for civil liability and enforcement actions, with an affirmative defense for investors who have complied with the MCAD's guidelines.

Justice

https://malegislature.gov/Bills/193/S978