PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Financial Services.
Congressional Research Service
Version 00 · 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.
People & committees
Rep. Wexton, Jennifer [D-VA-10] · D–VA
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Sep 18, 2024. Consult Congress.gov for the current record.
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Analyze H.R.4840 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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