H.R. 1277 · 117th Congress
Improving Corporate Governance Through Diversity Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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MeeksSponsor12 cosponsors · 12 D
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Maloney
AA
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Adams
JC
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Castro
JG
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Gottheimer
SL
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Lee
LM
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McBath
CH
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Houlahan
BS
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Sherman
NW
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Williams
AD
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Delgado
JH
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Huffman
MS
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Sherrill1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill requires certain issuers of securities to disclose the racial, ethnic, and gender composition of their boards of directors and executive officers, as well as the status of any of those directors and officers as a veteran. It also requires the disclosure of any plan to promote racial, ethnic, and gender diversity among these groups.
What it does: CRS summary · Reported to House · Jan 20, 2022
Improving Corporate Governance Through Diversity Act of 2021
This bill requires certain issuers of securities to disclose the racial, ethnic, and gender composition of their boards of directors and executive officers, as well as the status of any of those directors and officers as a veteran. It also requires the disclosure of any plan to promote racial, ethnic, and gender diversity among these groups.
The Securities and Exchange Commission must establish a Diversity Advisory Group to report on strategies to increase gender, racial, and ethnic diversity among board members.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Improving Corporate Governance Through Diversity Act of 2021
Latest action (Jan 20, 2022): Placed on the Union Calendar, Calendar No. 164.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Feb 24, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.