REP. JACKY ROSEN ANNOUNCES NEW REPUBLICAN CO-SPONSOR FOR THE SUNLIGHT IN WORKPLACE HARASSMENT ACT
Rosen’s legislation has also been endorsed by the National Organization for Women, Feminist Majority, Public Citizen, The Arc of the United States, Human Rights Campaign
WASHINGTON, D.C. -- Today, Congresswoman Jacky Rosen (NV-03) released the following statement after receiving bipartisan support for her Sunlight in Workplace Harassment Act from Republican Congressman Walter Jones (NC-03), which she introduced last month in the U.S. House of Representatives. Every bill Rosen has introduced herself has been co-sponsored by at least one Republican lawmaker. U.S. Senator Elizabeth Warren (D-MA) has introduced a companion bill in the Senate.
"Sexual harassment in the workplace is not a partisan issue, and I am thrilled to have Congressman Walter Jones joining us as a co-sponsor on this important bill to shine a spotlight on this problem,” said Congresswoman Rosen. “This legislation is a step towards ensuring accountability and transparency by requiring public companies to report to the Securities and Exchange Commission on how they are addressing harassment and discrimination. I will continue to work across the aisle to move this legislation forward and see that workplace harassment no longer goes unchecked.”
“Investors ought to have transparency into harassment settlements, and how much that exposure may affect their investments,” added Congressman Jones.
The legislation has also been endorsed by the National Organization for Women (NOW), Feminist Majority, Public Citizen, The Arc of the United States, Human Rights Campaign, Illinois State Treasurer Michael W. Frerichs, and New York State Comptroller Thomas P. DiNapoli. Co-sponsors of the Senate companion bill include Senators Edward J. Markey (D-Mass.), Jeff Merkley (D-Ore.), Dianne Feinstein (D-Calif.), Richard Blumenthal (D-Conn.), Dick Durbin (D-Ill.), and Kirsten Gillibrand (D-N.Y.).
BACKGROUND: The Sunlight in Workplace Harassment Act would:
Require public companies to disclose the total number and aggregate dollar amount of disputes settled by the company related to sexual abuse or harassment or discrimination based on race, religion, sex, national origin, age, disability, genetic information, servicemember status, gender identity, or sexual orientation.
Require public companies to disclose the average length of time it takes to resolve harassment complaints, as well as the total number of pending harassment complaints the company seeking to resolve through internal processes or through litigation.
Prohibit the SEC from disclosing the names of accusers and provide accusers with the option of limiting the extent to which details of their settlements are disclosed to the public.
Require public companies to disclose information on their efforts to prevent the perpetration of harassment, discrimination, and abuse by their employees.