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S. 864 · 118th Congress

TASK Act

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

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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.

RSR ScottSponsor
2 cosponsors · 2 R

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 · Mar 16, 2023

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: TASK Act

Also known as: Transaction and Sourcing Knowledge Act

Latest action (Mar 16, 2023): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Mar 16, 2023

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

No recorded floor vote found.