H.R.3624 - Outsourcing Accountability Act of 2019116th Congress (2019-2020)
|Sponsor:||Rep. Axne, Cynthia [D-IA-3] (Introduced 07/05/2019)|
|Committees:||House - Financial Services | Senate - Banking, Housing, and Urban Affairs|
|Committee Meetings:||07/16/19 10:00AM 07/11/19 10:00AM|
|Committee Reports:||H. Rept. 116-220|
|Latest Action:||Senate - 10/21/2019 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
|Roll Call Votes:||There have been 3 roll call votes|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Summary: H.R.3624 — 116th Congress (2019-2020)All Information (Except Text)
Reported to House (10/04/2019)
Outsourcing Accountability Act of 2019
This bill requires an issuer that is registered with the Securities and Exchange Commission to disclose specified information related to the number of domestic and foreign employees of the issuer and its subsidiaries.
An issuer that is an emerging growth company (in general, a newly public company with revenues below a specified threshold) shall be exempt from the bill's disclosure requirement.