# 119-s-1358: TASK Act

119-s-1358, TASK Act, is a 119th Congress bill sponsored by Sen. Scott, Rick [R-FL] (R-FL); status introduced; PRIA reads it as touching household money (as of 2026-05-07).

- Canonical: https://policyrisk.com/legislation/119-s-1358
- As of: 2026-05-07
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1358
- Congress: 119
- Title: TASK Act
- Status: introduced
- Introduced: 2025-04-08
- Sponsor: Sen. Scott, Rick [R-FL] (R-FL)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-05-07

## Summary

**Expanded SEC reporting on Xinjiang forced-labor links and Chinese state influence.** This bill would require the Securities and Exchange Commission, when considering environmental, social, and governance reporting guidance, to add three new disclosure categories for publicly traded companies. - Publicly traded companies would have to report sourcing and due diligence activities tied to supply chains for products imported into the United States that are directly linked to products using forced labor from Xinjiang, China. This targets how companies trace and report supplier risks. - Firms that transact with certain Chinese entities would report those transactions. Specifically this covers companies on the Department of Commerce Entity List and entities Treasury has labeled as Chinese Military-Industrial Complex Companies. - U.S. publicly traded companies with facilities in China would annually disclose whether a Chinese Communist Party committee exists in their operations and summarize actions or corporate decisions that committee may have participated in.

## Cosponsors (2)

- Sen. Blackburn, Marsha [R-TN] (R-TN), 2025-04-08T00:00:00.000Z
- Sen. Cassidy, Bill [R-LA] (R-LA), 2025-04-08T00:00:00.000Z

## Provisions PRIA read

- New China and supply-chain reporting: mixed, high. If enacted, the bill would direct the SEC to require new disclosures from U.S. publicly traded companies. Companies would report sourcing and due diligence for imports linked to alleged forced labor in Xinjiang. They would report transactions with firms on the Commerce Department Entity List or nam…

## Related bills

- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-1748: Kids Online Safety Act
- 119-s-124: Restore VA Accountability Act of 2025
- 119-s-3752: SAVE America Act
- 119-s-1241: Sanctioning Russia Act of 2025

## Sources
- [119-s-1358 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1358)

## Related
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-1748: Kids Online Safety Act](https://policyrisk.com/legislation/119-s-1748)
- [119-s-124: Restore VA Accountability Act of 2025](https://policyrisk.com/legislation/119-s-124)
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1358 (as of 2026-05-07).