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S 3392 112th Congress Senate Finance and Financial Sector Business records Corporate finance and management Financial services and investments Foreign and international corporations Securities Unemployment

Outsourcing Accountability Act of 2012

Introduced: July 17, 2012 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 17, 2012
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 17, 2012
Introduced in Senate
 Plain-English summary Congressional Research Service

Outsourcing Accountability Act of 2012 - Amends the Securities Exchange Act of 1934 to require registered securities issuers to disclose annually to the Securities and Exchange Commission (SEC) and to shareholders: (1) the total number of employees domiciled in the United States and employed by the issuer or any consolidated subsidiary of it; (2) the total number of such employees domiciled in any country other than the United States and employed by the issuer or any consolidated subsidiary, listed by number in each country; and (3) the percentage increase or decrease in such numbers required to be disclosed from the previous reporting year.

Exempts from such requirements an issuer that is an emerging growth company.

What's happening now July 17, 2012

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Independent 1