H.R. 1277: Improving Corporate Governance Through Diversity Act of 2021

117th Congress · introduced 2021-02-24 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 164.

federal

Follow this bill, step by step

Where it came from: introduced 2021-02-24 · official record
Who proposed it: Rep. Meeks, Gregory W. [D-NY-5] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Placed on the Union Calendar, Calendar No. 164. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Improving Corporate Governance Through Diversity Act of 2021

Plain 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.

Congressional Research Service summary (Reported to House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Improving Corporate Governance Through Diversity Act of 2021

Source: Congressional Research Service summary (Reported to House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Meeks, Gregory W. [D-NY-5] · 12 cosponsors

Cost estimate: CBO cost estimate: H.R. 1277, Improving Corporate Governance Through Diversity Act of 2021 (2021-05-25)

Cosponsors on this site

Alma S. Adams (D-NC), Joaquin Castro (D-TX), Josh Gottheimer (D-NJ), Susie Lee (D-NV), Lucy McBath (D-GA), Nikema Williams (D-GA), Chrissy Houlahan (D-PA), Brad Sherman (D-CA), Jared Huffman (D-CA)

Sponsor's campaign money: Rep. Meeks, Gregory W. [D-NY-5] reported raising $2.3 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Reported to House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr1277.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr1277 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117