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HR 2759 112th Congress House Finance and Financial Sector Administrative law and regulatory procedures Business ethics Business records Corporate finance and management Employment discrimination and employee rights Foreign and international corporations Government information and archives Human rights Human trafficking Securities Securities and Exchange Commission (SEC) Youth employment and child labor

Business Transparency on Trafficking and Slavery Act

Introduced: August 1, 2011 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 22, 2011
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Aug 1, 2011
Referred to the House Committee on Financial Services.
Aug 1, 2011
Sponsor introductory remarks on measure. (CR E1466-1467)
Aug 1, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Business Transparency on Trafficking and Slavery Act - Expresses the sense of Congress that: (1) forced labor, slavery, human trafficking and the worst forms of child labor are among the most egregious forms of abuse in the name of commercial profit; (2) the legislative and regulatory framework to prevent goods produced through forced labor, slavery, human trafficking, and the worst forms of child labor from passing into the stream of commerce is gravely inadequate; and (3) legislation is necessary to provide the information that the public demands, recognizing that businesses can provide information and respond to consumer and investor demands for business reasons, rather than solely reacting to governmental prescriptions on how to conduct their business.

Amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to promulgate regulations requiring mandatory annual reports to disclose measures taken during the year to identify and address conditions of forced labor, slavery, human trafficking, and the worst forms of child labor within the supply chains of the business entity.

Requires any business entity filing such disclosures to make them available on its Internet website.

What's happening now August 22, 2011

Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

 Committees of jurisdiction 2