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118-hr-4840Committee
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Uyghur Forced Labor Disclosure Act

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Summary

Official CRS summary

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.

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Bill details

Congress
118
Bill type
hr
Introduced
July 24, 2023
Sponsor
Not yet available
Last action
July 24, 2023— Referred to the House Committee on Financial Services.

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