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Expressing the sense of the House of Representatives that corporations should commit to utilizing the benefits of gender diversity in boards of directors and other senior management positions.

12/29/2022, 10:18 PM

Summary of Bill HRES 971

Bill 117 H.Res. 971, titled "Expressing the sense of the House of Representatives that corporations should commit to utilizing the benefits of gender diversity in boards of directors and other senior management positions," is a resolution introduced in the US Congress. The purpose of this resolution is to encourage corporations to prioritize gender diversity in their leadership positions, specifically in boards of directors and senior management roles.

The resolution highlights the benefits of gender diversity in corporate leadership, emphasizing that diverse perspectives and experiences can lead to better decision-making, increased innovation, and improved financial performance. It also acknowledges the underrepresentation of women in these positions and calls on corporations to take proactive steps to address this imbalance.

While the resolution does not impose any specific requirements or regulations on corporations, it serves as a statement of support from the House of Representatives for promoting gender diversity in corporate leadership. By expressing the sense of the House on this issue, the resolution aims to raise awareness and encourage voluntary action by corporations to increase gender diversity in their boards and senior management positions. Overall, Bill 117 H.Res. 971 underscores the importance of gender diversity in corporate leadership and urges corporations to commit to utilizing the benefits of such diversity for the betterment of their organizations and society as a whole.

Current Status of Bill HRES 971

Bill HRES 971 is currently in the status of Bill Introduced since March 8, 2022. Bill HRES 971 was introduced during Congress 117 and was introduced to the House on March 8, 2022.  Bill HRES 971's most recent activity was Referred to the House Committee on Education and Labor. as of March 8, 2022

Bipartisan Support of Bill HRES 971

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HRES 971

Primary Policy Focus

Finance and Financial Sector

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