Chris Holden
- Democratic
- Assemblymember
- District 41
Author
Existing law, no later than the close of the 2019 calendar year, requires a publicly held domestic or foreign corporation whose principal executive office is located in California to have a minimum of one female director on its board. Existing law, no later than the close of the 2021 calendar year, additionally requires such a corporation with 5 directors to have a minimum of 2 female directors and such a corporation with 6 or more directors to have a minimum of 3 female directors. Existing law authorizes the Secretary of State to impose fines for violations of these provisions, as specified, and requires the moneys from these fines to be available, upon appropriation, to offset the cost of administering these requirements. This bill would require, no later than the close of the 2021 calendar year, such a corporation to have a minimum of one director from an underrepresented community, as defined. The bill would require, no later than the close of the 2022 calendar year, such a corporation with more than 4 but fewer than 9 directors to have a minimum of 2 directors from underrepresented communities, and such a corporation with 9 or more directors to have a minimum of 3 directors from underrepresented communities. Existing law requires, on or before specified dates, the Secretary of State to publish various reports on its internet website documenting, among other things, the number of corporations in compliance with these provisions. This bill would require, on or before specified dates, the Secretary of State to include in those reports certain information, including, among other things, the number of corporations in compliance with the bill's provisions. The bill would authorize the Secretary of State to impose fines for violations of the bill's provisions, as specified, and would require the moneys from these fines to be available, upon appropriation, to offset the cost of administering these requirements. This bill would make related findings and declarations.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 316, Statutes of 2020.
Enrolled and presented to the Governor at 4:30 p.m.
Re-referred to Com. on B. & F. pursuant to Assembly Rule 77.2.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 56. Noes 8. Page 5377.).
From committee: That the Senate amendments be concurred in. (Ayes 8. Noes 1.) (August 30).
Joint Rule 62(a), file notice suspended. (Page 5274.)
Read third time. Passed. Ordered to the Assembly. (Ayes 26. Noes 8. Page 4432.).
In Assembly. Concurrence in Senate amendments pending.
Read second time. Ordered to third reading.
From committee: Amend, and do pass as amended. (Ayes 4. Noes 2.) (August 20).
Read second time and amended. Ordered returned to second reading.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (August 13). Re-referred to Com. on APPR.
In committee: Hearing postponed by committee.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.I.
In committee: Hearing postponed by committee.
Withdrawn from committee.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L., P.E. & R.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 73. Noes 0. Page 3894.)
In committee: Set, first hearing. Referred to APPR. suspense file.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 17. Noes 0.) (January 23).
From committee: Do pass and re-refer to Com. on APPR. (Ayes 4. Noes 1.) (January 8). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to Com. on P.E. & R. Read second time and amended.
In committee: Set, first hearing. Hearing canceled at the request of author.
From printer. May be heard in committee March 24.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB979 | HTML |
| 02/21/19 - Introduced | |
| 01/06/20 - Amended Assembly | |
| 06/29/20 - Amended Senate | |
| 07/14/20 - Amended Senate | |
| 07/28/20 - Amended Senate | |
| 08/20/20 - Amended Senate | |
| 09/01/20 - Enrolled | |
| 09/30/20 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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