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Improving Corporate Governance Through Diversity Act of 2023

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

Official summary

Version 00 · Introduced in Senate · Jun 15, 2023

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.

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Who introduced it

Sen. Menendez, Robert [D-NJ] · D–NJ

Committees

  • Banking, Housing, and Urban Affairs Committee
9 cosponsorship records, including any withdrawals

Actions

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

  2. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

Source last updated: Dec 5, 2025. Consult Congress.gov for the current record.

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