S.3389 - Extractive Industries Transparency Disclosure Act110th Congress (2007-2008)
|Sponsor:||Sen. Schumer, Charles E. [D-NY] (Introduced 07/31/2008)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||07/31/2008 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.|
This bill has the status Introduced
Here are the steps for Status of Legislation:
Subject — Policy Area:
- Finance and Financial Sector
- View subjects
Summary: S.3389 — 110th Congress (2007-2008)All Bill Information (Except Text)
Introduced in Senate (07/31/2008)
Extractive Industries Transparency Disclosure Act - Amends the Securities Exchange Act of 1934 to instruct the Securities and Exchange Commission (SEC) to require specified annual reports of an issuer to disclose the total payments made to an agency or instrumentality of a foreign government: (1) for natural resources in a foreign country; or (2) in connection with the extraction of natural resources from a foreign country.
Requires compilation of such information so that it is accessible by the public directly from the SEC website without separately accessing the annual reports of each issuer filing the information on the EDGAR system.