Bill > HR4599

This bill aims to enhance workplace protections and transparency by amending the Securities Exchange Act of 1934 to require public companies to disclose and address discrimination and harassment. Specifically, the bill mandates that public companies provide detailed annual and quarterly reports on discrimination and harassment claims, including the number of claims received, investigated, and resolved, as well as the total settlements and payments. Companies must disclose this information for themselves and their affiliated entities, with specific requirements for reporting data in aggregated and separate formats. The bill expands the definition of covered discrimination and harassment to include various forms of workplace discrimination, such as racial, age, disability, and sexual harassment. Additionally, companies must implement mandatory training programs for all employees, including specialized training for managers and human resources staff, which must cover topics like identifying harassment, reporting procedures, and intervention strategies. The bill also requires companies to conduct annual employee surveys about workplace safety and establish an anonymous whistleblower tip line. Furthermore, companies must engage independent third-party law firms to investigate harassment claims impartially and with the agreement of all involved employees. Company leadership, including the CEO and board members, must provide an attestation confirming compliance with these new requirements.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/4599/all-info