SACRAMENTO, Calif. (AP) — California is moving closer to a first-in-the-nation law requiring corporate boards to include racial or sexual minorities, expanding on a new law that sets a similar requirement for including women directors. The diversity bill approved by the Senate on Saturday would require California-based public corporations to have one board director from an underrepresented community by the end of 2021. It returns to the Assembly for a final vote. Those who qualify would self-identify as Black, Latino, Asian, Pacific Islander, Native American, Native Hawaiian or Alaska Native, or as gay, lesbian, bisexual, or transgender.
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Damian Dovarganes/AP
FILE - In this Aug. 30, 2000, file photo, commuters walk into a tunnel at Los Angeles's Amtrack-Metrolink Union Station under the mural "City of Dreams/River of History" by artist Richard Wyatt, showing the diversity of California's population. California moved closer Saturday, Aug. 29, 2020, to requiring corporate boards to include racial or sexual minorities, expanding on a new law that sets a similar requirement for including women directors. The diversity bill approved by the Senate would require California-based public corporations to have one board director from an underrepresented community by the end of 2021. Those who qualify would self-identify as Black, Latino, Asian, Pacific Islander, Native American, Native Hawaiian or Alaska Native, or as gay, lesbian, bisexual, or transgender. (AP Photo/Damian Dovarganes, File)
Posted at 4:12 PM, Aug 29, 2020
and last updated 2020-08-29 19:12:02-04
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