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H.R. 4840 · 118th Congress

Uyghur Forced Labor Disclosure 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.

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.

What it does: CRS summary · Introduced in House · Jul 24, 2023

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.

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

About this bill and sources

Official title: Uyghur Forced Labor Disclosure Act

Latest action (Jul 24, 2023): Referred to the House Committee on Financial Services.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 24, 2023

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

No recorded floor vote found.