Politiparty
Politiparty

118th Congress Finance and Financial Sector

S. 864: TASK Act

Introduced

  1. Introduced (completed)Mar 16, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Mar 16, 2023

This bill requires the Securities and Exchange Commission to mandate the reporting of certain information by publicly traded companies. Specifically, companies must report on

  • the sourcing and due diligence involving products imported into the United States utilizing forced labor from Xinjiang, China;
  • transactions with companies on the Department of Commerce's trade restriction list or designated as Chinese military-industrial complex companies; and
  • for U.S. companies with facilities in China, whether there is a Chinese Communist Party committee in the operations of the company, and a summary of that committee's activity.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

2

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Other bills by Rick Scott

History

  1. Mar 16, 2023Introduced in the Senate by Rick Scott.
Show the full action history (2 actions)
  1. Mar 16, 2023Introduced in Senate
  2. Mar 16, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.