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

Jul 17, 2012 (112th Congress, 2011–2013)
Died (Referred to Committee)
Sherrod Brown
Senator from Ohio
Read Text »
Last Updated
Jul 17, 2012
3 pages
Related Bills
H.R. 3875 (Related)
Outsourcing Accountability Act of 2012

Referred to Committee
Last Action: Feb 01, 2012


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

Introduced Jul 17, 2012
Referred to Committee Jul 17, 2012
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.


No summaries available.

8 cosponsors (7D, 1I) (show)

Senate Banking, Housing, and Urban Affairs

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Primary Source

THOMAS.gov (The Library of Congress)

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S. stands for Senate bill.

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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.

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

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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