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Uyghur Forced Labor Disclosure Act
12/15/2023, 4:00 PM
Summary of Bill HR 4452
The Uyghur Forced Labor Disclosure Act, also known as Bill 118 hr 4452, is a piece of legislation introduced in the US Congress aimed at addressing the issue of forced labor in the Xinjiang region of China. The bill requires companies that are publicly traded in the United States to disclose any involvement they may have in using forced labor from the Uyghur Muslim minority group in Xinjiang.
The bill specifically targets companies that have operations or supply chains in Xinjiang, where there have been reports of widespread human rights abuses, including forced labor, forced sterilization, and mass detention of Uyghur Muslims. The legislation aims to increase transparency and accountability for companies that may be benefiting from these human rights violations.
Under the Uyghur Forced Labor Disclosure Act, companies would be required to disclose to the Securities and Exchange Commission (SEC) any goods or materials sourced from Xinjiang, as well as any efforts they have taken to ensure that forced labor is not being used in their supply chains. Failure to comply with these disclosure requirements could result in penalties or other enforcement actions. The bill has received bipartisan support in Congress, with lawmakers from both parties expressing concern about the human rights situation in Xinjiang and the need for greater transparency from companies operating in the region. Supporters of the legislation argue that it is necessary to hold companies accountable for their actions and to ensure that consumers are aware of the potential human rights abuses associated with products made in Xinjiang. Overall, the Uyghur Forced Labor Disclosure Act represents a significant step towards addressing the issue of forced labor in Xinjiang and promoting greater transparency and accountability in corporate supply chains.
The bill specifically targets companies that have operations or supply chains in Xinjiang, where there have been reports of widespread human rights abuses, including forced labor, forced sterilization, and mass detention of Uyghur Muslims. The legislation aims to increase transparency and accountability for companies that may be benefiting from these human rights violations.
Under the Uyghur Forced Labor Disclosure Act, companies would be required to disclose to the Securities and Exchange Commission (SEC) any goods or materials sourced from Xinjiang, as well as any efforts they have taken to ensure that forced labor is not being used in their supply chains. Failure to comply with these disclosure requirements could result in penalties or other enforcement actions. The bill has received bipartisan support in Congress, with lawmakers from both parties expressing concern about the human rights situation in Xinjiang and the need for greater transparency from companies operating in the region. Supporters of the legislation argue that it is necessary to hold companies accountable for their actions and to ensure that consumers are aware of the potential human rights abuses associated with products made in Xinjiang. Overall, the Uyghur Forced Labor Disclosure Act represents a significant step towards addressing the issue of forced labor in Xinjiang and promoting greater transparency and accountability in corporate supply chains.
Congressional Summary of HR 4452
Uyghur Forced Labor Disclosure Act
This bill requires an issuer of securities to regularly disclose whether its supply chain uses Uyghur forced labor. Uyghurs are a Muslim minority group living primarily in the Xinjiang Uyghur Autonomous Region of China.
Current Status of Bill HR 4452
Bill HR 4452 is currently in the status of Bill Introduced since June 30, 2023. Bill HR 4452 was introduced during Congress 118 and was introduced to the House on June 30, 2023. Bill HR 4452's most recent activity was Referred to the House Committee on Financial Services. as of June 30, 2023
Bipartisan Support of Bill HR 4452
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4452
Primary Policy Focus
Finance and Financial SectorComments
Sponsors and Cosponsors of HR 4452
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