Posted on 04/01/2019 2:27:12 AM PDT by Libloather
After a heated debate, calls of racism, and shouting, the Illinois state House of Representatives voted to require all publicly held companies in the state to have at least one woman and one African-American on the company's corporate board.
State Rep. Chris Welchs bill, which passed Friday, would require any publicly-traded company headquartered in the state to have at least one woman and at least one African-American on its corporate boards starting in 2021.
No later than the close of the 2020 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation's SEC 10-K form, are located in Illinois shall have a minimum of one female director and one African American director on its board of directors, according to the text of the bill. It would allow boards to expand to meet the requirements.
(Excerpt) Read more at newspressnow.com ...
That’s pretty much what I had in mind. Could put Token and Mecha Streisand on one company’s board, I suppose.
> “ I mean, why are they not demanding there be at least one lesbian, one gay, one transgender, one bi-sexual, one gender-queer, one illegal alien, etc., etc.?”
That’s next.
Who is John Galt?
Fortunatly, Orange Man Bad’s tax cuts eliminated extraterritorial taxation starting in 2018, so we should see a lot fewer of these inversions in the future.
Isnt this discrimination against the other 27 genders and acronyms? What a joke this has all become.
And no requirements for disabled, transgender or gay people, so Clyde*, Bruce Jenner and Big Gay Al* need not apply.
*South Park characters
Aaaaaaaan, no mentally challenged people, so leave TIMMAAAAAHHH! off the list.
Timmmahhhh!
Won’t save Illinois. The state is bankrupt, they haven’t got a pot to piss in, so instead of addressing the utter and unnecessary mess they’ve made, they chase off whatever remaining industry they have.
They’re not stupid, they’re craven and immoral. They cling to power at public expense.
This is why I hate meetings.
EVERY DAY more and more articles I see here, I first think to be sarcasm but someone left off the tag.
Looks like I made a mistake: the handicapped kid on crutches in SP is Jimmy, not Clyde.
Note to Illinois corporations: If this somehow manages to pass constitutional muster, and I can’t see how, then I make myself available to be your token female board member. I’ll sign a contract stating that, for a modest fee, I will rubber stamp anything the board shoves in from of me.
For a small upcharge, I will also self-identify as an African -American, giving the board a two-fer.
Give me a call.
Jimmy is working the Catskills.
Funny bastid.
How wonderful it would feel to know the only reason you’re on the board is because you’re a woman and/or black.
Unconstitutional. Somebody will have to spend a lot of money to force IL state legislators to read the Constitution.
That's next.
why not demand a transsexual and an Asian,
and a cripple and a corrupt politician (already demanded).
How wonderful it would feel to know the only reason youre on the board is because youre a woman and/or black
Or the alternate option - imagine being a woman who worked 70 hour weeks for 20 years and is on the verge of legitimate appointment based purely on merit - only to now have it happen and be seen as tokenism.
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