Business, Government, Salem

Oregon House passes bill to require diverse boards of directors for publicly-traded companies

The Oregon Capitol building in Salem. Photo: Chas Hundley

Oregon House Democrats issued a news release announcing the passage of House Bill 3310A, which requires publicly-traded corporations to have a minimum number of directors who are women and members of underrepresented communities. 

HB 331A is part of a concerted effort by Oregon Democratic lawmakers—similar to a bill passed in California in 2018 requiring corporations headquartered in that state to have at least one woman on its board of directors by the end of 2019—to increase diversity in its board and commissions.

The bill aims to diversify the workforce and ensure historically extended populations are given a seat at the table of publicly traded companies . . .

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The Miller Team
John L Scott Market Center