H.R. 9437 · 117th Congress
Securities and Exchange Atonement Act of 2022
- Stage
- In committee
- Sponsor
- Al Green
- Introduced
- 2022-12-06
- Latest action
- 2022-12-06 · Introduced in House
Summary
Securities and Exchange Atonement Act of 2022
This bill addresses the racial equity of publicly traded companies. Specifically, the bill requires certain publicly traded companies to regularly audit the company's ties to slavery and the company's policies and practices on civil rights, equity, diversity, and inclusion. The bill also establishes the Office of Reparations Programs within the Department of the Treasury to provide grants to further racial equity, including for startup capital and funded savings programs for Black communities.