Uyghur Forced Labor Disclosure Act

This bill would require the Securities and Exchange Commission (SEC) to write rules, within 180 days, requiring companies that register securities to file documentation showing whether their supply or production chains contain goods sourced from China's Xinjiang Uyghur Autonomous Region (XUAR) or made with forced labor. Companies would have to list the names, addresses, and sourcing quantities of related facilities and have the documentation checked by an SEC-approved third-party auditor. If a company applying to list on an exchange does not comply, the exchange could not approve the application and the company could not reapply for one year. Companies filing annual reports or proxy statements would also have to disclose such sourcing, related revenue and profits, due diligence steps, and any involvement in surveillance technology used for human rights abuses, with the SEC posting the information publicly. The requirements would end after 8 years or earlier if the President tells Congress that China has ended mass internment and forced labor in the region.

Full text and official record on Congress.gov

Sponsors

• Suhas Subramanyam Democrat sponsor
• 13 cosponsors