Uyghur Forced Labor Disclosure Act
- Last Action
- 7/24/2023
Actions
- 2023-07-24Referred to the House Committee on Financial Services.
- 2023-07-24Introduced in House
- 2023-07-24Introduced in House
CRS Summary
As of 2023-07-24 (00)
Uyghur Forced Labor Disclosure Act
This bill requires an issuer of securities to publicly disclose whether its supply or production chain involves China's Xinjiang Uyghur Autonomous Region or specified forced labor sources. Issuers must provide documentation of supply and product chain entities and independent verification of such documentation.
The Securities and Exchange Commission (SEC) must annually assess and report on compliance with this bill.
The Government Accountability Office must periodically report on the effectiveness of the SEC’s oversight of the certification requirements under the bill.
Cosponsors (18)
- Carlos Gimenez (R-FL)
- André Carson (D-IN)
- Gerald Connolly (D-VA)
- Adriano Espaillat (D-NY)
- Raja Krishnamoorthi (D-IL)
- JAMES MCGOVERN (D-MA)
- NANCY PELOSI (D-CA)
- Linda Sánchez (D-CA)
- BRAD SHERMAN (D-CA)
- Mikie Sherrill (D-NJ)
- Dina Titus (D-NV)
- David Trone (D-MD)
- Seth Moulton (D-MA)
- Jill Tokuda (D-HI)
- Nikema Williams (D-GA)
- ELEANOR NORTON (D-DC)
- Jamie Raskin (D-MD)
- Thomas Suozzi (D-NY)
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.