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NJ S3881
Bill
Status
3/12/2026
Primary Sponsor
Linda Greenstein
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AI Summary
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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.
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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.
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Reports must track changes in demographic representation over time and provide aggregate statistics across all corporate boards and officer positions.
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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.
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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