Permanent OPTN Fee Authority Act

Senate Bill

S. 2751

119th Congress

Permanent OPTN Fee Authority Act

In Committee

Introduced:Sep 10, 2025

Primary Sponsor

Ron Wyden

Senator

Democratic

OR

Cosponsors

1

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill would require publicly traded companies to annually disclose detailed information about their workforce, including employee demographics, turnover rates, compensation, benefits, and more. The goal is to provide transparency about companies' workforce management practices.

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

AI Summary

Plain-English explanation of this bill

This bill would require publicly traded companies to annually disclose detailed information about their workforce, including employee demographics, turnover rates, compensation, benefits, and more. The goal is to provide transparency about companies' workforce management practices.

Last updated: 12/29/2025

Official Summary

Congressional Research Service summary

Workforce Investment Disclosure Act of 2023 This bill requires publicly traded companies to disclose information annually regarding workforce management policies, practices, and performance. This includes<ul><li>demographic information;</li><li>data on temporary and contract workers;</li><li>employee turnover rate;</li><li>employee skills and capabilities;</li><li>workforce health, safety, and well-being, including findings of harassment or discrimination; and</li><li>employee compensation, benefits, and incentives.</li></ul>The Securities and Exchange Commission may exempt emerging growth companies from certain disclosures.

Key Points

Main provisions of the bill

Companies would have to report workforce data like employee diversity, temporary workers, and compensation.
The Securities and Exchange Commission can exempt certain smaller companies from some disclosure requirements.
The goal is to give investors and the public more information about how companies manage and treat their employees.

How This Impacts Americans

Potential effects on citizens and communities

If passed, this bill would affect all publicly traded companies in the United States. It would require them to be more transparent about their workforce policies and practices, which could impact how investors and the public view and evaluate these companies. Employees may also benefit from greater transparency around compensation, benefits, and workplace safety.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

2751, 119th Congress (2025). "Permanent OPTN Fee Authority Act". Source: Voter's Right Platform. https://votersright.org/bills/118-s-2751