H.R. 4451 · 118th Congress
Reveal Risky Business in China Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
TorresSponsorNo cosponsors.
This bill requires an issuer of securities to regularly disclose whether the issuer does business (1) with or in China; (2) with any entity owned or operated by the Chinese Communist Party; or (3) with or in any country that, after March 24, 2022, invades a sovereign nation state or annexes sovereign territory.
What it does: CRS summary · Introduced in House · Jun 30, 2023
Reveal Risky Business in China Act
This bill requires an issuer of securities to regularly disclose whether the issuer does business (1) with or in China; (2) with any entity owned or operated by the Chinese Communist Party; or (3) with or in any country that, after March 24, 2022, invades a sovereign nation state or annexes sovereign territory. An issuer must also disclose whether its supply chain uses Uyghur forced labor.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Reveal Risky Business in China Act
Latest action (Jun 30, 2023): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 30, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.