S. 2007 · 118th Congress
Improving Corporate Governance Through Diversity Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
MenendezSponsor9 cosponsors · 9 D
D
Brown
CB
D
Booker
CC
D
Cortez Masto
MH
D
Hirono
AP
D
Padilla
TS
D
Smith
CV
D
Van Hollen
RW
D
Warnock
EW
D
Warren9 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 · Introduced in Senate · Jun 15, 2023
Improving Corporate Governance Through Diversity Act of 2023
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 2023
Latest action (Jun 15, 2023): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jun 15, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.