A 613 New Jersey General Assembly · 2024-2025 Regular Session

Requires certain corporations to appoint women to board of directors.

New Jersey's A613 requires publicly traded corporations with their principal office in the state to appoint women to their boards of directors. By December 31, 2023, all such corporations must have at least one female director; by December 31, 2025, requirements increase based on board size (e.g., three women for boards of six or more directors). Corporations must annually report director demographics to the Secretary of State and face fines of $100,000 for first violations and $300,000 for repeat failures to meet quotas. The bill aims to increase gender diversity in corporate leadership through mandatory representation standards.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Community Development and Women's Affairs Committee
lower
2 primary · 2 co-sponsors

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