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Titles (2)

Short Titles

Short Titles - House of Representatives

Short Titles as Introduced

Business Supply Chain Transparency on Trafficking and Slavery Act of 2015

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To amend the Securities Exchange Act of 1934 to require certain companies to disclose information describing any measures the company has taken to identify and address conditions of forced labor, slavery, human trafficking, and the worst forms of child labor within the company's supply chains.


Actions Overview (1)

Date Actions Overview
07/27/2015Introduced in House

All Actions (3)

Date All Actions
07/27/2015Referred to the House Committee on Financial Services.
Action By: House of Representatives
07/27/2015Sponsor introductory remarks on measure. (CR E1130)
Action By: House of Representatives
07/27/2015Introduced in House
Action By: House of Representatives

Cosponsors (21)


Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services07/27/2015 Referred to

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Latest Summary (1)

There is one summary for H.R.3226. View summaries

Shown Here:
Introduced in House (07/27/2015)

Business Supply Chain Transparency on Trafficking and Slavery Act of 2015

This bill expresses the sense of Congress that: (1) legislation is necessary to provide consumers information on products that are free of child labor, forced labor, slavery, and human trafficking; and (2) businesses and consumers, by means of publicly available disclosures, can avoid inadvertently promoting or sanctioning these crimes through production and purchase of raw materials, goods, and finished products that have been tainted in the supply chains.

The bill amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC), within one year after enactment of this Act, to promulgate regulations requiring any covered issuer of a registered security to include in its mandatory annual report a disclosure of whether the issuer has taken any measures during the year to identify and address conditions of forced labor, slavery, human trafficking, and the worst forms of child labor within the issuer's supply chains. The term "covered issuer" means an issuer that has annual worldwide global receipts in excess of $100 million.

The regulations shall mandate that the required information be disclosed on such issuer's Internet website through a conspicuous and easily understandable link to the relevant information labeled "Global Supply Chain Transparency."

The SEC must make available to the public in a searchable format on its website: (1) a list of covered issuers required to disclose such information, and (2) a compilation of the information disclosed.