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HR 4840 118th Congress House Finance and Financial Sector

Uyghur Forced Labor Disclosure Act

Introduced: July 24, 2023 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 24, 2023
Introduced in House
Jul 24, 2023
Referred to the House Committee on Financial Services.
 Plain-English summary Congressional Research Service

Uyghur Forced Labor Disclosure Act

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.  

What's happening now July 24, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1