[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4452 Introduced in House (IH)]

<DOC>






118th CONGRESS
  1st Session
                                H. R. 4452

  To amend the Securities Exchange Act of 1934 to require issuers to 
 disclose whether their supply chain uses the force labor Uyghurs, and 
                          for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 30, 2023

    Mr. Torres of New York introduced the following bill; which was 
            referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
  To amend the Securities Exchange Act of 1934 to require issuers to 
 disclose whether their supply chain uses the force labor Uyghurs, and 
                          for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Uyghur Forced Labor Disclosure 
Act''.

SEC. 2. DISCLOSURE OF FORCED LABOR OF UYGHURS.

    Section 13 of the Securities Exchange Act of 1934 (15 U.S.C. 78m) 
is amended by adding at the end the following:
    ``(t) Disclosure of Forced Labor of Uyghurs.--
            ``(1) In general.--Each issuer required to file an annual 
        or quarterly report under subsection (a) shall disclose in that 
        report whether the supply chain of the issuer uses the forced 
        labor of Uyghurs.
            ``(2) Termination.--The requirements under paragraph (1) 
        shall cease to have any force or effect on the earlier of--
                    ``(A) the date that is 5 years after the date of 
                enactment of this subsection; and
                    ``(B) the date on which the Commission--
                            ``(i) determines that such requirements are 
                        not in the public interest or for the 
                        protection of investors; and
                            ``(ii) notifies the Congress of such 
                        determination, and makes such determination 
                        available to the public.''.
                                 <all>