S. 3392 (112th): Outsourcing Accountability Act of 2012

Introduced:
Jul 17, 2012 (112th Congress, 2011–2013)
Sponsor:
Sen. Sherrod Brown [D-OH]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

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Status

This bill was introduced on July 17, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 17, 2012
Referred to Committee Jul 17, 2012
Cosponsors
8 cosponsors (7D, 1I) (show)
Committees

Senate Banking, Housing, and Urban Affairs

The committee chair determines whether a bill will move past the committee stage.

Full Title

A bill to amend the Securities Exchange Act of 1934, to require the disclosure of the total number of the domestic and foreign employers of issuers.

Summary

No summaries available.

Text

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Last updated Jul 17, 2012.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

7/17/2012--Introduced.
Outsourcing Accountability Act of 2012 - Amends the Securities Exchange Act of 1934 to require registered securities issuers to disclose annually to the Securities and Exchange Commission (SEC) and to shareholders:
(1) the total number of employees domiciled in the United States and employed by the issuer or any consolidated subsidiary of it;
(2) the total number of such employees domiciled in any country other than the United States and employed by the issuer or any consolidated subsidiary, listed by number in each country; and
(3) the percentage increase or decrease in such numbers required to be disclosed from the previous reporting year.
Exempts from such requirements an issuer that is an emerging growth company.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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