A Los Angeles judge has ruled that California's landmark law requiring women on corporate boards is unconstitutional.
The law was on shaky ground from the get-go with a legislative analysis saying it could be difficult to defend and then-Gov. Jerry Brown saying he was signing it despite the potential for it to be overturned by a court. Brown said he signed the bill to send a message during the #MeToo era. Although the law carried potential hefty penalties for failing to file an annual report or comply with the law, a chief in the secretary of state's office acknowledged during the trial that it was toothless.
The law required publicly held companies headquartered in California to have one member who identifies as a woman on their boards of directors by the end of 2019. By January 2022, boards with five directors were required to have two women and boards with six or more members were required to have three women.
Supporters of the law hailed it for achieving more gains for women. Other states followed California's lead. Washington state passed a similar measure last year, and lawmakers in Massachusetts, New Jersey and Hawaii proposed similar bills. Illinois requires publicly traded companies to report the makeup of their boards.
Who didn't see this coming? Leave it to Democrats to propose an outlandish law so out of touch with the Constitution...
Damn, how about just 1 then (coming from someone who sits on numerous boards)
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