No Funds for Forced Labor Act

This bill would direct the Secretary of the Treasury to instruct U.S. representatives at international financial institutions, such as the World Bank, to use the U.S. voice and vote to oppose loans for projects that pose a significant risk of using forced labor. It would also have them oppose loans for projects carried out by state-owned or heavily state-influenced entities in the Xinjiang Uyghur Autonomous Region of China. U.S. representatives would push these institutions to explain, for each project, how they checked for forced labor risks and what they did to reduce them. The Treasury Secretary would report to Congress each year for several years on these efforts and make the report public.

Full text and official record on Congress.gov

Sponsors

• Suhas Subramanyam Democrat sponsor
• 13 cosponsors