Improving Corporate Governance Through Diversity Act of 2023

United States118th CongressS-2007Senate
Updated: Jun 15, 2023

Summary

Improving Corporate Governance Through Diversity Act of 2023 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.

Bill texts

Available versions
Introduced (Senate)View official text

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Timeline

Latest companion bill action

HR-4177: Improving Corporate Governance Through Diversity Act of 2023

Introduced in House

  1. Introduced in Senate

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

    Senate

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