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OH SR373

Resolution

Official Source

Status

Prefiled

N/A

Primary Sponsor

Capri Cafaro

Click for details

Origin

Senate

131st General Assembly (2015-2016)

AI Summary

  • Urges Ohio-based publicly held corporations to increase women representation on corporate boards within three years
  • Requires corporations with nine or more board seats to have a minimum of three women directors
  • Requires corporations with five to nine board seats to have a minimum of two women directors
  • Requires corporations with fewer than five board seats to have a minimum of one woman director
  • Cites research showing companies with women on boards have better financial performance, stock performance, and net income growth compared to all-male boards

Legislative Description

To urge equitable and diverse gender representation on the corporate boards of directors of companies based in Ohio.

Last Action

Refer to Committee: Civil Justice

4/12/2016

Committee Referrals

Civil Justice4/12/2016

Full Bill Text

No bill text available