Outsourcing Accountability Act of 2017
- Last Action
- 2/15/2017
Actions
- 2017-02-15Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2017-02-15Introduced in Senate
CRS Summary
As of 2017-02-15 (00)
Outsourcing Accountability Act of 2017
This bill amends the Securities Exchange Act of 1934 to require an issuer that is registered with the Securities and Exchange Commission (SEC) to disclose to the SEC specified information related to the number of domestic and foreign employees of the issuer and its subsidiaries.
An issuer that is an "emerging growth company" (in general, a newly public company with revenues below a specified threshold) shall be exempt from the bill's disclosure requirement.
Cosponsors (5)
- Debbie Stabenow (D-MI)
- Joe Donnelly (D-IN)
- John Reed (D-RI)
- Dianne Feinstein (D-CA)
- Sherrod Brown (D-OH)
Subjects
- Business records
- Corporate finance and management
- Financial services and investments
- Foreign and international corporations
- Foreign labor
- Securities
- Unemployment
Sourced from Congress.gov (public domain).
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