S.1843 - Outsourcing Accountability Act of 2019116th Congress (2019-2020)
|Sponsor:||Sen. Peters, Gary C. [D-MI] (Introduced 06/13/2019)|
|Committees:||Senate - Banking, Housing, and Urban Affairs|
|Latest Action:||Senate - 06/13/2019 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)|
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Summary: S.1843 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (06/13/2019)
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.