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119-hres-1003119th Congress

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

Sponsored By: Representative Beyer, Donald S. [D-VA-8]

Introduced

Summary

This resolution would urge U.S. corporations to commit to ever-fuller inclusion of women on boards of directors and in senior management. It argues that using more of women's talents at the top would strengthen and accelerate sustainable economic growth.

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  • Women: Signals a push for more leadership opportunities for women. It cites that women make up 56% of the labor force but held about 30% of S&P 500 board seats in 2020.
  • Women of color and Black women: Highlights that women of color have even lower representation at every level and face barriers such as harassment, discrimination, and weak pipeline access. The sources recommend earlier education, better access to information, and exposure to female mentors.
  • Corporations and investors: Points to studies linking women on executive teams and boards with better financial performance, lower debt, and higher net income growth. It notes a "critical mass" effect when boards average at least 11 members and include about 3 women.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Beyer, Donald S. [D-VA-8]

VA • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

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