SB2751: Workforce Investment Disclosure Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A bill to amend the Securities Exchange Act of 1934 to require issuers to disclose to the Securities and Exchange Commission information regarding workforce management policies, practices, and performance, and for other purposes.
Plain-language summary
This bill would change rules for large public companies under the Securities Exchange Act of 1934, which regulates how companies report information to investors. Companies would have to tell the SEC—the government agency that oversees stock markets—details about how they manage, train, and treat their workers. This includes information about hiring practices, pay, worker safety, turnover rates, and how diverse their workforce is. The bill affects publicly traded companies that sell stock to the public. The bill is currently in the introduction stage, meaning it has just been introduced in Congress and has not yet been assigned to a for review.
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SB2751: Workforce Investment Disclosure Act of 2023