Corporations: boards of directors: underrepresented communities.
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AB 1840 — Corporations: boards of directors: underrepresented communities.
Last action — In committee: Held under submission.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Assembly
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 2021-2022 Regular Session. 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This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Existing law requires a publicly held domestic or foreign corporation whose principal executive office is located in California to have a minimum number of directors from underrepresented communities, as specified. Existing law requires the Secretary of State to report, among other things, the number of corporations that are in compliance with those provisions, and authorizes the secretary to impose fines for violations of those provisions, as specified. Existing law defines "director from an underrepresented community" for purposes of those provisions to mean an individual who self-identifies as Black, African American, Hispanic, Latino, Asian, Pacific Islander, Native American, Native Hawaiian, or Alaska Native, or who self-identifies as gay, lesbian, bisexual, or transgender. This bill would revise this definition to include an individual who self-identifies as Armenian, Assyrian, Greek, Jewish, Muslim, or Sikh, or who is an individual with a disability.
Bill Text
- Amended 03/24/22 - Amended Assembly Current pdf March 24, 2022
- Introduced 02/07/22 - Introduced pdf February 07, 2022
- AB1840 View text html
Action History
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In committee: Held under submission.
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In committee: Set, first hearing. Referred to suspense file.
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From committee: Do pass and re-refer to Com. on APPR. (Ayes 9. Noes 0.) (April 18). Re-referred to Com. on APPR.
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Re-referred to Com. on B. & F.
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From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
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Referred to Com. on B. & F.
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From printer. May be heard in committee March 10.
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Read first time. To print.
Sponsors
- Nazarian · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on
Sponsors (1)
- Nazarian
Co-sponsors (0)
None.
Not signed on (121)
121 members have not signed on to this bill.
Show all 121 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 8 | 0 | 0 | 1 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Republican | 0 | 0 | 0 | 2 |
| Total | 9 | 0 | 0 | 3 |
| % of votes cast | 75% | 0% | 0% | 25% |
How each member voted (12)
| Member | Party | Vote |
|---|---|---|
| Mark Stone | — | Yea |
| Bauer-Kahan, Rebecca | Democratic | Yea |
| Cervantes, Sabrina | Democratic | Yea |
| Fong, Mike | Democratic | Yea |
| Gabriel, Jesse | Democratic | Yea |
| Grayson, Timothy S. | Democratic | Yea |
| Nguyen, Stephanie | Democratic | Not Voting |
| Petrie-Norris, Cottie | Democratic | Yea |
| Wicks, Buffy | Democratic | Yea |
| Wilson, Lori D. | Democratic | Yea |
| Chen, Phillip | Republican | Not Voting |
| Choi, Steven S. | Republican | Not Voting |
Subjects
Frequently asked questions
- What does AB 1840 do?
- Existing law requires a publicly held domestic or foreign corporation whose principal executive office is located in California to have a minimum number of directors from underrepresented communities, as specified. Existing law requires the Secretary of State to report, among other things, the number of corporations that are in compliance with those provisions, and authorizes the secretary to impose fines for violations of those provisions, as specified. Existing law defines "director from an underrepresented community" for purposes of those provisions to mean an individual who self-identifies as Black, African American, Hispanic, Latino, Asian, Pacific Islander, Native American, Native Hawaiian, or Alaska Native, or who self-identifies as gay, lesbian, bisexual, or transgender. This bill would revise this definition to include an individual who self-identifies as Armenian, Assyrian, Greek, Jewish, Muslim, or Sikh, or who is an individual with a disability.
- Who sponsors AB 1840?
- AB 1840 is sponsored by Nazarian.
- What is the current status of AB 1840?
- This bill died with 2021-2022 Regular Session. 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 AB 1840?
- Track AB 1840 free on One Click Politics — get push/email alerts when it moves.
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