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S. 3367 116th Congress Senate

Diversity in Corporate Leadership Act of 2020

Official title: A bill to require the Securities and Exchange Commission to establish a Diversity Advisory Group to study and make recommendations on strategies to increase ge… Show full official titleShow less

Official title: A bill to require the Securities and Exchange Commission to establish a Diversity Advisory Group to study and make recommendations on strategies to increase gender, racial, and ethnic diversity among the members of the board of directors of issuers, to amend the Securities Exchange Act of 1934 to require issuers to make disclosures to shareholders with respect to gender, racial, and ethnic diversity, and for other purposes.

Introduced: March 2, 2020 Introduced by: Catherine Cortez Masto Democratic · Nevada See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresAdvisory bodiesCongressional oversightCorporate finance and management
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Employment discrimination and employee rightsExecutive agency funding and structureGovernment information and archivesGovernment studies and investigationsMinority employmentRacial and ethnic relationsSecuritiesSecurities and Exchange Commission (SEC)Sex, gender, sexual orientation discriminationWomen in businessWomen's employment
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Latest action March 2, 2020

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

 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.

 Related & companion bills 1
  • HR 3279 Diversity in Corporate Leadership Act of 2019
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 5
D
Duckworth, Tammy
Illinois · Mar 2, 2020
 D
Klobuchar, Amy
Minnesota · Mar 2, 2020
 D
Rosen, Jacky
Nevada · Mar 2, 2020
 D
Smith, Tina
Minnesota · Mar 2, 2020
 D
Van Hollen, Chris
Maryland · Mar 2, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3367: Diversity in Corporate Leadership Act of 2020. 116th Congress. Open America. https://openamerica.io/bill/116-S-3367/
MLA
"S. 3367: Diversity in Corporate Leadership Act of 2020." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3367/.
Bluebook (legal)
S. 3367, 116th Cong. (2026), https://openamerica.io/bill/116-S-3367/.
Markdown link
[S. 3367: Diversity in Corporate Leadership Act of 2020](https://openamerica.io/bill/116-S-3367/)
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