Transaction and Sourcing Knowledge Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

R ScottSponsor

2 cosponsors · 2 R

R Braun MR

R Rubio

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill requires the Securities and Exchange Commission to mandate the reporting of certain information by publicly traded companies. Specifically, companies must report on

What it does: CRS summary · Introduced in Senate · Apr 27, 2022

Transaction and Sourcing Knowledge Act or the TASK Act

This bill requires the Securities and Exchange Commission to mandate the reporting of certain information by publicly traded companies. Specifically, companies must report on

the sourcing and due diligence involving products imported into the United States utilizing forced labor from Xinjiang, China;
transactions with companies on the Department of Commerce's trade restriction list or designated as Chinese military-industrial complex companies; and
for U.S. companies with facilities in China, whether there is a Chinese Communist Party committee in the operations of the company, and a summary of that committee's activity.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Transaction and Sourcing Knowledge Act

Also known as: TASK Act

Latest action (Apr 27, 2022): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Apr 27, 2022

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.