Uyghur Forced Labor Disclosure Act of 2020

Bill: 116-hr-6270
Sponsor: Rep. Wexton, Jennifer [D-VA-10]
Introduced: 2020-03-12 in the House
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Asia
Business records
China
Congressional oversight
Detention of persons
Financial services and investments
Government information and archives
Human rights
Industrial facilities
Labor standards
Manufacturing
Racial and ethnic relations
Religion
Securities
Securities and Exchange Commission (SEC)

Summary:
action_date: 2020-03-12
text: 

Uyghur Forced Labor Disclosure Act of 2020 

 
This bill requires issuers of securities to publicly disclose their activities related to China's Xinjiang Uyghur Autonomous Region. Specifically, issuers must disclose the importation of manufactured goods and materials that originated or are sourced from that region, as well as details about the commercial activity, gross revenue and net profits, and future import plans regarding these goods and materials. Furthermore, issuers must disclose whether any of these goods or materials are from forced labor camps. 

action_date: 2020-09-30
text: 

Uyghur Forced Labor Disclosure Act of 2020 

 
This bill requires issuers of securities to publicly disclose their activities related to China's Xinjiang Uyghur Autonomous Region. Specifically, issuers must disclose the importation of manufactured goods and materials that originated or are sourced from that region, as well as details about the commercial activity, gross revenue and net profits, and future import plans regarding these goods and materials. Furthermore, issuers must disclose whether any of these goods or materials are from forced labor camps. 


Legislative actions:
action_date: 2020-10-01
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2020-09-30
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2020-09-30
text: On passage Passed by the Yeas and Nays: 253 - 163 (Roll no. 210). (text: CR H5063)
action_date: 2020-09-30
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 253 - 163 (Roll no. 210).
action_date: 2020-09-30
text: On motion to recommit with instructions Failed by the Yeas and Nays: 184 - 229 (Roll no. 209).
action_date: 2020-09-30
text: Considered as unfinished business. (consideration: CR H5088-5089)
action_date: 2020-09-30
text: POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit with instructions, the Chair put the question on the motion and by voice vote, announced that the noes had prevailed. Mr. McHenry demanded the yeas and nays and the Chair postponed further consideration until a time to be announced.
action_date: 2020-09-30
text: The previous question on the motion to recommit with instructions was ordered without objection.
action_date: 2020-09-30
text: DEBATE - The House proceeded with 10 minutes of debate on the McHenry motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to insert new text to the findings section of the bill about congressional and executive actions related to the Uyghur people.
action_date: 2020-09-30
text: Mr. McHenry moved to recommit with instructions to the Committee on Financial Services. (text: CR H5068)
action_date: 2020-09-30
text: DEBATE - The House proceeded with one hour of debate on H.R. 6270.
action_date: 2020-09-30
text: Rule provides for consideration of H.R. 4447, H.R. 6270 and H.R. 8319. The resolution provides for consideration of H.R. 4447 under a structured rulee with 90 minutes of general debate. The resolution provides for consideration of H.R. 6270, under closed rule and H.R. 8319 under a closed rule.
action_date: 2020-09-30
text: Considered under the provisions of rule H. Res. 1129. (consideration: CR H5063-5070)
action_date: 2020-09-21
text: Rules Committee Resolution H. Res. 1129 Reported to House. Rule provides for consideration of H.R. 4447, H.R. 6270 and H.R. 8319. The resolution provides for consideration of H.R. 4447 under a structured rulee with 90 minutes of general debate. The resolution provides for consideration of H.R. 6270, under closed rule and H.R. 8319 under a closed rule.
action_date: 2020-03-12
text: Referred to the House Committee on Financial Services.
action_date: 2020-03-12
text: Introduced in House
action_date: 2020-03-12
text: Introduced in House