Pipeline · Bill → Law
Step 1
Introduced
Jul 24, 2023
Step 2
Referred
Jul 24, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
Jul 24, 2023
Introduced in House
Jul 24, 2023
Referred to the House Committee on Financial Services.