Uyghur Forced Labor Disclosure Act
- Last Action
- 3/18/2021
Actions
- 2021-03-18Referred to the House Committee on Financial Services.
- 2021-03-18Introduced in House
- 2021-03-18Introduced in House
CRS Summary
As of 2021-03-18 (00)
Uyghur Forced Labor Disclosure Act
This bill requires issuers of securities to publicly disclose their activities related to China's Xinjiang Uyghur Autonomous Region. Specifically, issuers must disclose the importation of manufactured goods and materials that originated or are sourced from that region, as well as details about the commercial activity, gross revenue and net profits, and future import plans regarding these goods and materials. Furthermore, issuers must disclose whether any of these goods or materials are from forced labor camps.
Cosponsors (10)
- BRAD SHERMAN (D-CA)
- Gerald Connolly (D-VA)
- Theodore Deutch (D-FL)
- Adriano Espaillat (D-NY)
- ELEANOR NORTON (D-DC)
- David Cicilline (D-RI)
- Thomas Suozzi (D-NY)
- Elaine Luria (D-VA)
- ALCEE HASTINGS (D-FL)
- André Carson (D-IN)
Subjects
- Administrative law and regulatory procedures
- Asia
- China
- Congressional oversight
- Detention of persons
- Government information and archives
- Government studies and investigations
- Human rights
- Labor standards
- Manufacturing
- Religion
- Securities
- Securities and Exchange Commission (SEC)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.