H.R. 9437 · 117th Congress
Securities and Exchange Atonement Act of 2022
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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.
No cosponsors.
This bill addresses the racial equity of publicly traded companies. Specifically, the bill requires certain publicly traded companies to regularly audit the company's ties to slavery and the company's policies and practices on civil rights, equity, diversity, and inclusion.
What it does: CRS summary · Introduced in House · Dec 6, 2022
Securities and Exchange Atonement Act of 2022
This bill addresses the racial equity of publicly traded companies. Specifically, the bill requires certain publicly traded companies to regularly audit the company's ties to slavery and the company's policies and practices on civil rights, equity, diversity, and inclusion. The bill also establishes the Office of Reparations Programs within the Department of the Treasury to provide grants to further racial equity, including for startup capital and funded savings programs for Black communities.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Securities and Exchange Atonement Act of 2022
Latest action (Dec 6, 2022): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Dec 6, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.