House Bill 6375 - To amend the Securities Exchange Act of 1934 to require issuers to make disclosures related to supply chain disruption risk, and for other purposes.

Purpose and Summary

Chamber: House

Introduced date: 2020-03-23

Recent Activity

Referred to the House Committee on Financial Services.

Alternative Names

To amend the Securities Exchange Act of 1934 to require issuers to make disclosures related to supply chain disruption risk, and for other purposes.

To amend the Securities Exchange Act of 1934 to require issuers to make disclosures related to supply chain disruption risk, and for other purposes.

Associated Legislation

Workforce Emergency Response Act of 2020

Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act

Policy Areas

Finance and Financial Sector

Potential Impact

Atmospheric science and weather

Business records

Conflicts and wars

Corporate finance and management

Government information and archives

Infectious and parasitic diseases

Manufacturing

Natural disasters

Refugees, asylum, displaced persons

Retail and wholesale trades

Securities

Wages and earnings

Worker safety and health

Sponsors and Supporters

Rep. Velazquez, Nydia M. [D-NY-7]

Cosponsors and Supporters

Rep. Waters, Maxine [D-CA-43]

Committees and Subcommittees

Financial Services Committee

Variations and Revisions

Workforce Emergency Response Act of 2020Financial Protections and Assistance for America’s Consumers, States, Businesses, and Vulnerable Populations Act

To amend the Securities Exchange Act of 1934 to require issuers to make disclosures related to supply chain disruption risk, and for other purposes.

2/8/2022, 11:17 PM

This bill requires certain issuers of securities to report to the Securities and Exchange Commission on the risks faced by the issuer regarding supply-chain disruption and the issuer's continuity or contingency plans to mitigate these risks.

Congress
116

Number
HR - 6375

Introduced on
2020-03-23

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/23/2020

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This bill requires certain issuers of securities to report to the Securities and Exchange Commission on the risks faced by the issuer regarding supply-chain disruption and the issuer's continuity or contingency plans to mitigate these risks.

Alternative Names
Official Title as IntroducedTo amend the Securities Exchange Act of 1934 to require issuers to make disclosures related to supply chain disruption risk, and for other purposes.

Policy Areas
Finance and Financial Sector

Potential Impact
Atmospheric science and weather
Business records
Conflicts and wars
Corporate finance and management
Government information and archives
Infectious and parasitic diseases
Manufacturing
Natural disasters
Refugees, asylum, displaced persons
Retail and wholesale trades
Securities
Wages and earnings
Worker safety and health

Comments

Recent Activity

Latest Summary6/10/2020

This bill requires certain issuers of securities to report to the Securities and Exchange Commission on the risks faced by the issuer regarding supply-chain disruption and the issuer's continuity or contingency plans to mitigate these risks.


Latest Action3/23/2020
Referred to the House Committee on Financial Services.