MEI Project Approval Commission; board-level gender and diversity requirements.
Summary
MEI Project Approval Commission; board-levelgender and diversity requirements. Requires that the MEI ProjectApproval Commission considers, prior to recommending approval ofany major employment and investment (MEI) project, (i) whether abusiness has and commits to maintaining a balanced board of directorsbased upon gender and racial diversity, such that at least 30 percentof such board of directors consists of women and historically underrepresentedgroups, and (ii) whether a business seeking approval of a projectsubmits a board diversity disclosure and commits to updating suchdisclosure annually, specifying the number and percentage of diversedirectors on the board of such business who self-identify as femaleor represent a national, racial, ethnic, indigenous, or culturalminority in the country of the business's principal executive offices.
Bill status
passed both
4 of 5 stages cleared
Introduction
Jan 2024
Committee Review
Mar 2024
Senate Passage
Apr 2024
House of Delegates Passage
Mar 2024
Vetoed
Mar 2024
Introduced Jan 9, 2024
Vetoed Mar 27, 2024
Floor votes · Senate Jan 29, 2024 · House of Delegates Feb 23, 2024
How they voted
21–19
Passed
Total votes 40
Jan 29, 2024
D
Democratic21
100% Yea
R
Republican19
100% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
40
Key actions
12
Committee
8
Apr 17, 2024
Upper · Passed
Passed by for the day
upper
Mar 27, 2024
Vetoed
Vetoed by Governor
executive
Mar 26, 2024
Lower · Passed
Signed by Speaker
lower
Mar 25, 2024
Upper · Passed
Signed by President
upper
Mar 25, 2024
Upper · Passed
Bill text as passed Senate and House (SB393ER)
upper
Mar 9, 2024
Lower · Passed
Conference report agreed to by House (51-Y 47-N)
lower
Mar 8, 2024
Upper · Passed
Conference report agreed to by Senate (21-Y 19-N)
upper
Mar 8, 2024
Legislature · Passed
Amended by conference committee
legislature
Feb 28, 2024
Committee
House requested conference committee
lower
Feb 23, 2024
Lower · Passed
VOTE: Passage (51-Y 46-N)
lower
Feb 23, 2024
Lower · Passed
Passed House with substitute (51-Y 46-N)
lower
Feb 20, 2024
Lower · Passed
Reported from Labor and Commerce with substitute (12-Y 10-N)
lower
Feb 13, 2024
Committee
Referred to Committee on Labor and Commerce
lower
Jan 29, 2024
Upper · Passed
Read third time and passed Senate (21-Y 19-N)
upper
Jan 24, 2024
Upper · Passed
Reported from Finance and Appropriations (9-Y 5-N)
upper
Jan 9, 2024
Committee
Referred to Committee on Finance and Appropriations
upper
1 primary · 1 co-sponsor
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 393
Scope: VA
Hi! I can help you understand SB 393. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline