News Bulletin: Pending Legislation Affecting Employers

The State Assembly recently passed a bill (AB196) that would prohibit employment discrimination based on perceived gender, which includes trans-gender individuals and those who do not fit gender stereotypes. In Washington, the House passed a bill (HR 100) that would permit employers to offer retirement investment advice to employees and require that employers provide plan statements to employees on a regular basis. The bill would also require that employers diversify company stock in 401(k) plans. We’ll keep you posted on these and other legislative developments in coming months.