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The Florida Senatorial ANALYSIS AND FISCAL IMPACT STATEMENT (This document is based on the provisions contained in the legislation as of the latest date listed below.) Prepared By: The Professional
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Senate Bill 1072 is a California state bill that requires certain entities to report on the diversity of their governing boards.
Publicly held domestic or foreign corporations whose principal executive offices are located in California are required to file sb 1072.
To fill out sb 1072, entities must provide information on the composition of their governing boards, including details on the gender, racial, and ethnic diversity of board members.
The purpose of sb 1072 is to increase transparency and accountability regarding board diversity in California-based corporations.
Entities must report on the number of directors on their boards and provide demographic information on the gender, race, and ethnicity of each director.
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