Improving Corporate Governance Through Diversity Act of 2021

United States117th CongressHR-1277House of Representatives
Updated: Jan 20, 2022

Summary

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.

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Timeline

Latest companion bill action

S-374: Improving Corporate Governance Through Diversity Act of 2021

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

  1. Ordered to be Reported (Amended) by Voice Vote.

    House of Representatives

  2. Committee Consideration and Mark-up Session Held.

    House of Representatives

  3. Placed on the Union Calendar, Calendar No. 164.

    House of Representatives

  4. Reported (Amended) by the Committee on Financial Services. H. Rept. 117-230.

    House of Representatives