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2023 SESSION
SB 1248 MEI Project Approval Commission; board-level gender and diversity requirements.
Introduced by: L. Louise Lucas | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
MEI Project Approval Commission; board-level gender and diversity requirements. Prohibits the MEI Project Approval Commission from recommending approval of any major employment and investment (MEI) project for a business that does not have and does not commit to maintaining a balanced board of directors based upon gender and racial diversity, such that at least 30 percent of such board of directors consists of women and historically underrepresented groups. The bill requires any business seeking approval of a project to submit a board diversity disclosure and to update such disclosure annually, specifying the number and percentage of diverse directors on the board of such business who self-identify as female or represent a national, racial, ethnic, indigenous, or cultural identity in the country of the business's principal executive offices.
FULL TEXT
- 01/10/23 Senate: Prefiled and ordered printed; offered 01/11/23 23101243D pdf | impact statement
- 02/03/23 Senate: Committee substitute printed 23106132D-S1 pdf | impact statement
AMENDMENTS
HISTORY
- 01/10/23 Senate: Prefiled and ordered printed; offered 01/11/23 23101243D
- 01/10/23 Senate: Referred to Committee on Rules
- 02/03/23 Senate: Committee substitute printed 23106132D-S1
- 02/03/23 Senate: Reported from Rules with substitute (13-Y 4-N)
- 02/03/23 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/06/23 Senate: Read second time
- 02/06/23 Senate: Reading of substitute waived
- 02/06/23 Senate: Committee substitute agreed to 23106132D-S1
- 02/06/23 Senate: Engrossed by Senate - committee substitute SB1248S1
- 02/07/23 Senate: Read third time and passed Senate (22-Y 18-N)
- 02/13/23 House: Placed on Calendar
- 02/13/23 House: Read first time
- 02/13/23 House: Referred to Committee on Rules
- 02/14/23 House: Tabled in Rules (13-Y 5-N)