Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 4840: Uyghur Forced Labor Disclosure Act

Introduced

  1. Introduced (completed)Jul 24, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jul 24, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

18

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Jennifer Wexton D-VA SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Jennifer Wexton

History

  1. Jul 24, 2023Introduced in the House by Jennifer Wexton.
Show the full action history (2 actions)
  1. Jul 24, 2023Introduced in House
  2. Jul 24, 2023Referred to the House Committee on Financial Services.