H.R.5084 - Improving Corporate Governance Through Diversity Act of 2019116th Congress (2019-2020) |
|Sponsor:||Rep. Meeks, Gregory W. [D-NY-5] (Introduced 11/14/2019)|
|Committees:||House - Financial Services | Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 11/20/2019 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
|Roll Call Votes:||There has been 1 roll call vote|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.5084 — 116th Congress (2019-2020)All Information (Except Text)
Passed House (11/19/2019)
Improving Corporate Governance Through Diversity Act of 2019
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.