H.R.1277 - Improving Corporate Governance Through Diversity Act of 2021117th Congress (2021-2022) |
|Sponsor:||Rep. Meeks, Gregory W. [D-NY-5] (Introduced 02/24/2021)|
|Committees:||House - Financial Services|
|Committee Meetings:||04/20/21 10:00AM|
|Latest Action:||House - 04/21/2021 Ordered to be Reported (Amended) by Voice Vote. (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.1277 — 117th Congress (2021-2022)All Information (Except Text)
Introduced in House (02/24/2021)
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.