[Congressional Record Volume 168, Number 156 (Tuesday, September 27, 2022)]
[Senate]
[Pages S5087-S5088]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 5728. Mr. SCOTT of Florida submitted an amendment intended to be
proposed to amendment SA 5499 submitted by Mr. Reed (for himself and
Mr. Inhofe) and intended to be proposed to the bill H.R. 7900, to
authorize appropriations for fiscal year 2023 for military activities
of the Department of Defense, for military construction, and for
defense activities of the Department of Energy, to prescribe military
personnel strengths for such fiscal year, and for other purposes; which
was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. _____. SEC REPORTING.
The Securities and Exchange Commission, as part of its
evaluation of potential guidance on reporting on
environmental, social, and governance matters by publicly
traded companies, shall require reporting of--
(1) sourcing and due diligence activities of such companies
involving supply chains of products that are imported into
the United States that are directly linked to products
utilizing forced labor from Xinjiang, China;
(2) transactions with companies that have been--
(A) placed on the Entity List by the Department of
Commerce; or
(B) designated by the Department of the Treasury as Chinese
Military-Industrial Complex Companies; and
(3) with respect to publicly traded United States companies
with facilities in China, on an annual basis--
(A) whether there is a Chinese Communist Party committee in
the operations of the company; and
[[Page S5088]]
(B) a summary of the actions and corporate decisions in
which any committee described in subparagraph (A) may have
participated.
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