S 380
115th Congress
Senate
Finance and Financial Sector
Business records
Corporate finance and management
Financial services and investments
Foreign and international corporations
Foreign labor
Securities
Unemployment
Outsourcing Accountability Act of 2017
Introduced: February 15, 2017
Introduced by:
Peters, Gary C.
Democratic
· Michigan
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 15, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 15, 2017
Introduced in Senate
Plain-English summary
Outsourcing Accountability Act of 2017
This bill amends the Securities Exchange Act of 1934 to require an issuer that is registered with the Securities and Exchange Commission (SEC) to disclose to the SEC specified information related to the number of domestic and foreign employees of the issuer and its subsidiaries.
An issuer that is an "emerging growth company" (in general, a newly public company with revenues below a specified threshold) shall be exempt from the bill's disclosure requirement.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1
Cosponsors
1