H.R.3279 - Diversity in Corporate Leadership Act of 2019116th Congress (2019-2020) |
|Sponsor:||Rep. Maloney, Carolyn B. [D-NY-12] (Introduced 06/13/2019)|
|Committees:||House - Financial Services|
|Latest Action:||House - 07/11/2019 Ordered to be Reported (Amended) by the Yeas and Nays: 52 - 6. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.3279 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (06/13/2019)
Diversity in Corporate Leadership Act of 2019
This bill requires each issuer to disclose, in any proxy or consent solicitation material for an annual shareholders meeting, the gender, racial, and ethnic composition of its board of directors and nominees for board membership.
The Securities and Exchange Commission shall establish a Diversity Advisory Group, composed of government, academic, and private-sector representatives, to study strategies for increasing gender, racial, and ethnic diversity among the members of issuers' boards of directors.