Diversity in Corporate Leadership Act of 2020
Latest action · Mar 2, 2020 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 2, 2020
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Diversity in Corporate Leadership Act of 2020
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.
Cosponsors 6
Members who signed on, in the order they did. All signed on Mar 2, 2020.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MN | Amy Klobuchar | Original | Mar 2, 2020 |
| D-MD | Chris Van Hollen | Original | Mar 2, 2020 |
| D-CA | Dianne Feinstein | Original | Mar 2, 2020 |
| D-NV | Jacky Rosen | Original | Mar 2, 2020 |
| D-IL | Tammy Duckworth | Original | Mar 2, 2020 |
| D-MN | Tina Smith | Original | Mar 2, 2020 |
Actions 2
Everything that happened, newest first.
- Mar 2, 2020Introduced in Senate
- Mar 2, 2020Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 3279 | Diversity in Corporate Leadership Act of 2019 | Related bill | Jul 11, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
- Administrative law and regulatory procedures
- Advisory bodies
- Congressional oversight
- Corporate finance and management
- Employment discrimination and employee rights
- Executive agency funding and structure
- Finance and Financial Sector
- Government information and archives
- Government studies and investigations
- Minority employment
- Racial and ethnic relations
- Securities
- Securities and Exchange Commission (SEC)
- Sex, gender, sexual orientation discrimination
- Women in business
- Women's employment
Text 1
Each version as it was printed, newest first.
- Mar 2, 2020Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.
