Business Supply Chain Transparency on Trafficking and Slavery Act of 2020

Hozzl · 2022-02-09T01:57:13Z

Explore the details of House Bill 6279 Business Supply Chain Transparency on Trafficking and Slavery Act of 2020 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

2/9/2022, 1:57 AM

Congressional Summary of HR 6279

Business Supply Chain Transparency on Trafficking and Slavery Act of 2020

This bill requires certain issuers of securities to disclose their efforts to prevent the use of forced labor, slavery, trafficked persons, and child labor in their supply chains.

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Current Status of Bill HR 6279

Bill HR 6279 is currently in the status of Bill Introduced since March 13, 2020. Bill HR 6279 was introduced during Congress 116 and was introduced to the House on March 13, 2020. Bill HR 6279's most recent activity was Referred to the House Committee on Financial Services. as of March 13, 2020

Bipartisan Support of Bill HR 6279

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 6279

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Administrative law and regulatory procedures

- Business ethics

- Business records

- Corporate finance and management

- Crimes against children

- Foreign and international corporations

- Government information and archives

- Human rights

- Human trafficking

- Labor standards

- Securities

- Securities and Exchange Commission (SEC)

- Sex offenses

- Youth employment and child labor

Alternate Title(s) of Bill HR 6279

Business Supply Chain Transparency on Trafficking and Slavery Act of 2020

To amend the Securities Exchange Act of 1934 to require certain companies to disclose information describing any measures the company has taken to identify and address conditions of forced labor, slavery, human trafficking, and the worst forms of child labor within the company's supply chains.

Business Supply Chain Transparency on Trafficking and Slavery Act of 2020