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Legislature Mulls Mandating Board Interviews Of Everyone But Nonbinary Persons And Caucasian Males

I have previously written about one California legislator's plan to impose gender quotas on publicly traded companies that have their principal executive offices in the state.  The bill is being heard today by the Senate Banking and Financial Institutions Committee.  The bill, SB 826, is being sponsored by the National Association of Women Business Owners - California (NAWBO-CA) and has the support of the Consumer Attorneys of California.  The bill is opposed by a coalition of 24 business groups, including the California Chamber of Commerce.

Based on the Committee staff's analysis, the bill's authors may amend the bill replace the gender quota with a requirement that boards interview at least one woman and one minority for every unfilled board seat, beginning on January 1, 2019.  Nonbinary is a new gender option available in California as a result of legislation enacted last year.  See California Bill May Spur Rewriting Gender Boilerplate.  A "minority" would be defined as "as someone whose race is other than Caucasian".  

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