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S. 374 117th Congress Senate

Improving Corporate Governance Through Diversity Act of 2021

Official title: A bill to amend the Securities Exchange Act of 1934 to require the submission by issuers of data relating to diversity, and for other purposes.

Introduced: February 23, 2021 See on congress.gov
Finance and Financial Sector Advisory bodiesBusiness recordsCongressional oversightCorporate finance and management
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 15, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Sep 15, 2022
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-748.
Feb 23, 2021
Introduced in Senate
Feb 23, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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 Latest action September 15, 2022

Committee on Banking, Housing, and Urban Affairs. Hearings held.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 3
  • HR 1277 Identical bill Improving Corporate Governance Through Diversity Act of 2021
  • HR 1187 Corporate Governance Improvement and Investor Protection Act
  • HR 2543 Financial Services Racial Equity, Inclusion, and Economic Justice Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 7

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

See all 7 filings →
 Cosponsors 9
All 9 Democratic 9
D
Hirono, Mazie K.
Hawaii · Jun 22, 2022
 D
Smith, Tina
Minnesota · Mar 9, 2021
 D
Booker, Cory A.
New Jersey · Feb 23, 2021
 D
Cortez Masto, Catherine
Nevada · Feb 23, 2021
 D
Gillibrand, Kirsten E.
New York · Feb 23, 2021
 D
Padilla, Alex
California · Feb 23, 2021
 D
Van Hollen, Chris
Maryland · Feb 23, 2021
 D
Warnock, Raphael G.
Georgia · Feb 23, 2021
 D
Warren, Elizabeth
Massachusetts · Feb 23, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). S. 374: Improving Corporate Governance Through Diversity Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-S-374/
MLA
"S. 374: Improving Corporate Governance Through Diversity Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-374/.
Bluebook (legal)
S. 374, 117th Cong. (2026), https://openamerica.io/bill/117-S-374/.
Markdown link
[S. 374: Improving Corporate Governance Through Diversity Act of 2021](https://openamerica.io/bill/117-S-374/)
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