United States 116th Congress Status: In Committee 1 D cosponsors

HR 5930 — Workforce Investment Disclosure Act

Last action — Placed on the Union Calendar, Calendar No. 519.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 116th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

37 added · 12 removed

Plain-language change summary

The amendment to HR 5930 adds details about workforce metrics, specifically including the disaggregation of the internal promotion rate by workforce composition, which encompasses racial, gender, and ethnic factors. It also expands the focus on workforce recruiting to include the number of new jobs created and the worker classification of new jobs. Additionally, it removes references to the new hire engagement rate and new hire retention rate. This change aims to provide a more comprehensive understanding of workforce dynamics and diversity within organizations.

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5930 Introduced in House (IH)] <DOC> 116th CONGRESS 2d Session H.
5930 Reported in House (RH)] <DOC> Union Calendar No.
519 116th CONGRESS 2d Session H.
5930 To amend the Securities Exchange Act of 1934 to require issuers to disclose information about human capital management in annual reports, and for other purposes.
5930 [Report No.
116-634] To amend the Securities Exchange Act of 1934 to require issuers to disclose information about human capital management in annual reports, and for other purposes.
which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Securities Exchange Act of 1934 to require issuers to disclose information about human capital management in annual reports, and for other purposes.
which was referred to the Committee on Financial Services December 8, 2020 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on February 21, 2020] _______________________________________________________________________ A BILL To amend the Securities Exchange Act of 1934 to require issuers to disclose information about human capital management in annual reports, and for other purposes.
``(B) Workforce stability information, including information about the voluntary turnover or retention rate, the involuntary turnover or retention rate, the internal hiring rate, and the internal promotion rate.
``(B) Workforce stability information, including information about the voluntary turnover or retention rate, the involuntary turnover rate, the internal hiring rate, and the internal promotion rate (and with such internal promotion rate disaggregated by the workforce composition described under subparagraph (C)).
``(C) Workforce composition, including data on diversity (including racial and gender composition) and any policies and audits related to diversity.
``(C) Workforce composition, including data on diversity (including racial, gender, and ethnic composition) and any policies and audits related to diversity.
``(D) Workforce skills and capabilities, including information about training of employees (including the average number of hours of training per employee per year), skills gaps, and alignment of skills and capabilities with business strategy.
``(D) Workforce skills and capabilities, including information about training of employees (including the average number of hours of training and spending on training per employee per year), skills gaps, and alignment of skills and capabilities with business strategy.
``(H) Workforce recruiting, including information about the quality of hire, new hire engagement rate, and new hire retention rate.''.
``(H) Workforce recruiting and needs, including the number of new jobs created, the worker classification of new jobs, information about the quality of hire, and new hire retention rate.
``(3) Treatment of emerging growth companies.--The Commission may exempt emerging growth companies from any disclosure described under subparagraph (D), (E), (F), (G), or (H) of paragraph (2), if the Commission determines that such exemption is necessary or appropriate in the public interest or for the protection of investors.''.
<all>
Union Calendar No.
519 116th CONGRESS 2d Session H.
R.
5930 [Report No.
116-634] _______________________________________________________________________ A BILL To amend the Securities Exchange Act of 1934 to require issuers to disclose information about human capital management in annual reports, and for other purposes.
_______________________________________________________________________ December 8, 2020 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
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Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Financial Services.

  4. Committee Consideration and Mark-up Session Held.

  5. Committee Consideration and Mark-up Session Held.

  6. Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.

  7. Reported (Amended) by the Committee on Financial Services. H. Rept. 116-634.

  8. Reported (Amended) by the Committee on Financial Services. H. Rept. 116-634.

  9. Placed on the Union Calendar, Calendar No. 519.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

Show all 546 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance labor
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Frequently asked questions

Who sponsors HR 5930?
HR 5930 is sponsored by Axne, Cynthia (Democratic).
What is the current status of HR 5930?
This bill died with 116th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HR 5930?
Track HR 5930 free on One Click Politics — get push/email alerts when it moves.

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