H.R. 6270 · 116th Congress
Uyghur Forced Labor Disclosure Act of 2020
- Stage
- Passed a chamber
- Sponsor
- Jennifer Wexton
- Introduced
- 2020-03-12
- Latest action
- 2020-10-01 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Summary
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.