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Diversity in Corporate Leadership Act of 2020

Introduced: March 2, 2020 Introduced by: Cortez Masto, Catherine Democratic · Nevada See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 2, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now March 2, 2020

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1