H.R. 3279 · 116th Congress
Diversity in Corporate Leadership Act of 2019
- Stage
- Reported from committee
- Sponsor
- Carolyn Maloney
- Introduced
- 2019-06-13
- Latest action
- 2019-07-11 · Committee Consideration and Mark-up Session Held.
Summary
Diversity in Corporate Leadership Act of 2019
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.