,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #idcg  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,decemb] #f1 #bjbb,mr4
 ,gre5 ( ,texas introduc$ ! foll[+ bill2
 :i* 0 ref]r$ to ! ,committee on        
,f9ancial ,s]vices  ,a ,,bill  ,to am5d 
! ,securities ,ex*ange ,act ( #aicd to  
require cov]$ issu]s to c>ry out a      
racial equity audit e #b ye>s1 & = o!r  
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,securities & ,ex*ange     
,atonem5t ,act ( #bjbb4  #b4 ,racial    
equity audit  7a7 ,9 g5]al ,!           
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #gh;a et seq47 is am5d$ by    
ins]t+ aft] section #ac;,a ! foll[+3    
#ac;,b4 ,racial equity audit  7a7 ,9    
g5]al ,n lat] ?an ! end ( ! #f-mon?     
p]iod beg9n+ on ! date ( enactm5t ( ?is 
section1 & e #b ye>s !reaft]1 ea* cov]$ 
issu] %all-- 7#a7 conduct an indep5d5t  
audit to assess-- 7,a7 ! issu]'s        
policies & practices on civil rights1   
equity1 div]sity1 & inclusion2  7,b7 h[ 
su* policies & practices affect !       

issu]'s bus9ess2 &  7,c7 :e!r ! issu] _h
 direct or indirect ties to or pr(it$ f 
! in/itution ( slav]y2  7#b7 issue a    
report to ! ,commission conta9+-- 7,a7  
all f9d+s & det]m9ations made 9 c>ry+   
out ! assessm5ts requir$ "u p>agraph    
7#a72 &  7,b7 to ! ext5t ! issu]        
id5tifies ties to or pr(its f !         
in/itution ( slav]y1 a disclosure ( !   
/eps ! issu] has tak5 to reconcile su*  
ties or pr(its2 &  7#c7 make ! report   
describ$ "u p>agraph 7#b7 available to !
 public1 includ+ on a website ( ! issu]4
  7b7 ,failure ,to issue report  7#a7   
,f9e ,any cov]$ issu] t fails to issue a
 report requir$ "u subsection 7a77#b71  
or t reports false1 mislead+1 or        
inaccurate in=mation on su* a report1   
%all be f9$ by ! ,commission 9 an am\nt 
( #bj1jjj p] day until ! report is      
issu$1 or until ! report is correct$ to 
n be false1 mislead+1 or inaccurate1 z  
applicable4  7#b7 ,transf] ( am\nts ,!  
,commission %all transf] all f9es       
collect$ pursuant to p>agraph 7#a7 to ! 

,secret>y ( ! ,treasury & ! ,secret>y   
%all1 )\t fur!r appropriation1 use su*  
funds to c>ry out ! duties ( ! ,(fice ( 
,rep>ations ,programs4  7c7 ,cov]$ issu]
 def9$ ,9 ?is section1 ! t]m cov]$ issu]
 means an issu] t-- 7#a7 is requir$ to  
file an annual report "u section #ac7;a7
 or #ae7;d72 &  7#b7 has m ?an #ajj     
employees4  4  7b7 ,(fice ( ,rep>ations 
,programs ,*apt] #c ( title #ca1 ,unit$ 
,/ates ,code1 is am5d$-- 7#a7 9 sub*apt]
 ,i1 by add+ at ! end ! foll[+3  #cag4  
,(fice ( ,rep>ations ,programs  7a7     
,e/abli%m5t ,!re is e/abli%$1 )9 !      
,dep>tm5t ( ! ,treasury1 an ,(fice (    
,rep>ations ,programs4  7b7 ,duties ,!  
,(fice ( ,rep>ations ,programs %all     
provide grants = />tup capital & fund$  
sav+s programs = ,black communities1 z  
well o!r programs det]m9$ appropriate by
 ! ,secret>y 9 fur!rance ( racial       
equity4  7c7 ,fund+  7#a7 ,au?orization 
( appropriations ,!re is au?oriz$ to be 
appropriat$ to ! ,secret>y ( ! ,treasury
 #c1jjj1jjj1jjj to c>ry out ?is section4

  7#b7 ,adm9i/rative co/s ,! ,secret>y  
may use #b p]c5t ( am\nts appropriat$ to
 c>ry out ?is section = adm9i/rative    
exp5ses relat$ to c>ry+ out ! duties ( !
 ,(fice ( ,rep>ations ,programs4  2 &   
7#b7 9 ! table ( cont5ts = su* *apt]1 by
 ins]t+ aft] ! item relat+ to section   
#caf ! foll[+3  #cag4 ,(fice (          
,rep>ations ,programs4  4