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MA S1007

MA S1007
Resolutions encouraging equitable and diverse gender representation on the boards of companies in the commonwealth


summary

Introduced
04/15/2015
In Committee
07/30/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to encourage equitable and diverse gender representation on the boards of companies in the Commonwealth. Labor and Workforce Development.

AI Summary

This bill encourages equitable and diverse gender representation on the boards of companies in the Commonwealth by urging all companies, both privately held and publicly traded, to adopt policies and practices aimed at increasing gender diversity in their boards of directors and senior management, and to set measurable goals for progress. It also calls for companies to publicly disclose the number of women and total individuals on their boards of directors. Furthermore, it sets specific targets for board composition by December 31, 2018, requiring boards with nine or more members to have at least three women directors, and boards with fewer than nine members to have at least two women directors, with all companies annually measuring their progress towards equal representation of men and women in leadership positions. The bill highlights the economic and performance benefits associated with gender diversity, citing statistics on the Massachusetts and national labor force, educational attainment of women, and research linking diversity to improved financial performance and organizational health.

Committee Categories

Labor and Employment

Sponsors (64)

Karen Spilka (D)* Jim Arciero (D),  Brian Ashe (D),  Ruth Balser (D),  Christine Barber (D),  Mike Barrett (D),  Jennifer Benson (D),  Michael Brady (D),  Will Brownsberger (D),  Thomas Calter (D),  Gailanne Cariddi (D),  Tackey Chan (D),  Harriette Chandler (D),  Nick Collins (D),  Edward Coppinger (D),  Josh Cutler (D),  Sal DiDomenico (D),  Michelle DuBois (D),  Carolyn Dykema (D),  Lori Ehrlich (D),  Jamie Eldridge (D),  Tricia Farley-Bouvier (D),  Ann-Margaret Ferrante (D),  Carole Fiola (D),  Gloria Fox (D),  Denise Garlick (D),  Colleen Garry (D),  Carmine Gentile (D),  Anne Gobi (D),  Pat Haddad (D),  Jonathan Hecht (D),  Kate Hogan (D),  Pat Jehlen (D),  Louis Kafka (D),  Mary Keefe (D),  Kay Khan (D),  Peter Kocot (D),  Barbara L'Italien (D),  Eric Lesser (D),  Jason Lewis (D),  Jay Livingstone (D),  Joan Lovely (D),  Timothy Madden (D),  Elizabeth Malia (D),  Joe McGonagle (D),  Paul McMurtry (D),  Mike Moran (D),  Kathleen O'Connor Ives (D),  Jim O'Day (D),  Sarah Peake (D),  Alice Peisch (D),  Denise Provost (D),  Angelo Puppolo (D),  John Rogers (D),  Jeff Roy (D),  Danny Ryan (D),  Tom Sannicandro (D),  Paul Schmid (D),  John Scibak (D),  Frank Smizik (D),  Benjamin Swan (D),  Walter Timilty (D),  Timothy Toomey (D),  Chris Walsh (D), 

Last Action

Resolutions adopted 156 YEAS to 0 NAYS (See YEA and NAY in Supplement, No. 166) (on 10/21/2015)

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Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/189/S1007 04/16/2015
Bill https://malegislature.gov/Bills/189/S1007.pdf 04/16/2015
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