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Sunlight in Workplace Harassment Act

1/12/2024, 6:00 PM

Summary of Bill HR 3078

Bill 118 hr 3078, also known as the Sunlight in Workplace Harassment Act, aims to address the issue of workplace harassment by increasing transparency and accountability in reporting and addressing incidents of harassment. The bill requires employers to publicly disclose information about harassment claims and settlements, including the names of the parties involved and the amount of any settlements.

Additionally, the bill mandates that employers establish clear policies and procedures for reporting and addressing harassment in the workplace. This includes providing training for employees on how to recognize and report harassment, as well as establishing a confidential reporting system for employees to use.

The Sunlight in Workplace Harassment Act also includes provisions for protecting whistleblowers who report harassment in the workplace. The bill prohibits retaliation against employees who report harassment, and provides legal recourse for employees who believe they have been retaliated against for reporting harassment. Overall, the Sunlight in Workplace Harassment Act seeks to create a more transparent and accountable workplace environment in order to prevent and address incidents of harassment. By requiring employers to publicly disclose information about harassment claims and settlements, as well as establishing clear reporting procedures and protections for whistleblowers, the bill aims to promote a safer and more respectful workplace for all employees.

Congressional Summary of HR 3078

Sunlight in Workplace Harassment Act

This bill requires issuers of securities to annually disclose to the public information about certain alleged acts of sexual abuse, harassment, or discrimination in the workplace or between employees. Specifically, the issuer must disclose settlements, judgements, and active complaints regarding alleged acts of sexual abuse, harassment, or discrimination as defined by the bill. These disclosures must include the number of settlements, judgements, or active complaints; the number of these that involve acts committed by a corporate executive; the total dollar amount paid out; and the date on which the alleged act occurred.

The bill limits the required disclosure by the issuer if the victim of the alleged act objects to its reporting.

Current Status of Bill HR 3078

Bill HR 3078 is currently in the status of Bill Introduced since May 2, 2023. Bill HR 3078 was introduced during Congress 118 and was introduced to the House on May 2, 2023.  Bill HR 3078's most recent activity was Referred to the House Committee on Financial Services. as of May 2, 2023

Bipartisan Support of Bill HR 3078

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
20
Democrat Cosponsors
20
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3078

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 3078

Sunlight in Workplace Harassment Act
Sunlight in Workplace Harassment Act
To amend the Securities Exchange Act of 1934 to require disclosure of payments for settlements of disputes regarding sexual abuse and certain types of harassment and discrimination, and for other purposes.

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