Politiparty
Politiparty

118th Congress Finance and Financial Sector

S. 2007: Improving Corporate Governance Through Diversity Act of 2023

Introduced

  1. Introduced (completed)Jun 15, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Jun 15, 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 Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

9

Who scored on this bill

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Other bills by Robert Menendez

History

  1. Jun 15, 2023Introduced in the Senate by Robert Menendez.
Show the full action history (2 actions)
  1. Jun 15, 2023Introduced in Senate
  2. Jun 15, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.