114-hr-3226114th Congress

Business Supply Chain Transparency on Trafficking and Slavery Act of 2015

Sponsored By: Representative Maloney, Carolyn B. [D-NY-12]

Unknown

Summary

Business Supply Chain Transparency on Trafficking and Slavery Act of 2015 This bill expresses the sense of Congress that: (1) legislation is necessary to provide consumers information on products that are free of child labor, forced labor, slavery, and human trafficking; and (2) businesses and consumers, by means of publicly available disclosures, can avoid inadvertently promoting or sanctioning these crimes through production and purchase of raw materials, goods, and finished products that have been tainted in the supply chains. The bill amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC), within one year after enactment of this Act, to promulgate regulations requiring any covered issuer of a registered security to include in its mandatory annual report a disclosure of whether the issuer has taken any measures during the year to identify and address conditions of forced labor, slavery, human trafficking, and the worst forms of child labor within the issuer's supply chains. The term "covered issuer" means an issuer that has annual worldwide global receipts in excess of $100 million. The regulations shall mandate that the required information be disclosed on such issuer's Internet website through a conspicuous and easily understandable link to the relevant information labeled "Global Supply Chain Transparency." The SEC must make available to the public in a searchable format on its website: (1) a list of covered issuers required to disclose such information, and (2) a compilation of the information disclosed.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Maloney, Carolyn B. [D-NY-12]

NY • D

Cosponsors

  • Rep. Smith, Christopher H. [R-NJ-4]

    NJ • R

    Sponsored 7/27/2015

  • Rep. Blumenauer, Earl [D-OR-3]

    OR • D

    Sponsored 9/16/2015

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 10/21/2015

  • Rep. Lance, Leonard [R-NJ-7]

    NJ • R

    Sponsored 10/21/2015

  • Rep. Grijalva, Raúl M. [D-AZ-7]

    AZ • D

    Sponsored 11/17/2015

  • Rep. McCollum, Betty [D-MN-4]

    MN • D

    Sponsored 12/10/2015

  • Rep. Lieu, Ted [D-CA-36]

    CA • D

    Sponsored 1/12/2016

  • Rep. Lofgren, Zoe [D-CA-18]

    CA • D

    Sponsored 1/12/2016

  • Rep. Sinema, Kyrsten [D-AZ-9]

    AZ • D

    Sponsored 2/25/2016

  • MICHAEL CAPUANO

    MA • D

    Sponsored 2/25/2016

  • Rep. Ellison, Keith [D-MN-5]

    MN • D

    Sponsored 3/1/2016

  • Rep. Brownley, Julia [D-CA-26]

    CA • D

    Sponsored 3/17/2016

  • Rep. Velázquez, Nydia M. [D-NY-7]

    NY • D

    Sponsored 3/23/2016

  • Rep. Cicilline, David N. [D-RI-1]

    RI • D

    Sponsored 5/3/2016

  • NITA LOWEY

    NY • D

    Sponsored 5/10/2016

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 6/7/2016

  • Rep. Loebsack, David [D-IA-2]

    IA • D

    Sponsored 6/7/2016

  • Rep. Kildee, Daniel T. [D-MI-8]

    MI • D

    Sponsored 9/22/2016

  • Rep. Himes, James A. [D-CT-4]

    CT • D

    Sponsored 9/22/2016

  • Rep. Carson, André [D-IN-7]

    IN • D

    Sponsored 11/29/2016

  • JOHN LEWIS

    GA • D

    Sponsored 11/29/2016

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
Back to Legislation