H.R. 2759 (112th): Business Transparency on Trafficking and Slavery Act

Introduced:
Aug 01, 2011 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Carolyn Maloney
Representative for New York's 14th congressional district
Party
Democrat
Text
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Last Updated
Aug 01, 2011
Length
11 pages
Related Bills
H.R. 3589 (Related)
Trafficking Victims Protection Reauthorization Act of 2011

Referred to Committee
Last Action: Dec 07, 2011

 
Status

This bill was introduced on August 1, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Aug 01, 2011
Referred to Committee Aug 01, 2011
 
Full Title

To require companies to include in their annual reports to the Securities and Exchange Commission a disclosure describing any measures the company has taken during the year to identify and address conditions of forced labor, slavery, human trafficking, and the worst forms of child labor within the company's supply chains.

Summary

No summaries available.

Cosponsors
8 cosponsors (7D, 1R) (show)
Committees

House Financial Services

Capital Markets and Government Sponsored Enterprises

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

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


8/1/2011--Introduced.
Business Transparency on Trafficking and Slavery Act - Expresses the sense of Congress that:
(1) forced labor, slavery, human trafficking and the worst forms of child labor are among the most egregious forms of abuse in the name of commercial profit;
(2) the legislative and regulatory framework to prevent goods produced through forced labor, slavery, human trafficking, and the worst forms of child labor from passing into the stream of commerce is gravely inadequate; and
(3) legislation is necessary to provide the information that the public demands, recognizing that businesses can provide information and respond to consumer and investor demands for business reasons, rather than solely reacting to governmental prescriptions on how to conduct their business.
Amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to promulgate regulations requiring mandatory annual reports to disclose measures taken during the year to identify and address conditions of forced labor, slavery, human trafficking, and the worst forms of child labor within the supply chains of the business entity.
Requires any business entity filing such disclosures to make them available on its Internet website.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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