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NJ S3881

Bill

Status

Introduced

3/12/2026

Primary Sponsor

Linda Greenstein

Click for details

Origin

Senate

2026-2027 Regular Session

AI Summary

  • Requires all domestic and foreign corporations in New Jersey to include demographic information about directors, trustees, and officers in their annual reports filed with the Department of the Treasury, including race, ethnicity, sexual orientation, gender identity or expression, disability status, and veteran status.

  • Mandates the State Treasurer to publish quadrennial reports starting February 1, 2026, documenting demographic composition of corporate boards and senior management for publicly held corporations with principal offices in New Jersey.

  • Reports must track changes in demographic representation over time and provide aggregate statistics across all corporate boards and officer positions.

  • Amends existing corporate annual report requirements under N.J.S.14A:4-5 (for-profit corporations) and N.J.S.15A:4-5 (nonprofit corporations) to add the new demographic data collection mandate.

  • The bill takes effect immediately upon enactment.

Legislative Description

Requires State Treasurer to collect and study certain demographic information on corporate boards and in senior management.

Commerce

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee

3/12/2026

Committee Referrals

Commerce3/12/2026

Full Bill Text

No bill text available