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Main Subject: Finance and financial sector

Uyghur Forced Labor Disclosure Act of 2020

This bill requires issuers of securities to publicly disclose their activities related to China's Xinjiang Uyghur Autonomous Region. Specifically, issuers must disclose the importation of manufactured goods and materials that originated or are sourced from that region, as well as details about the commercial activity, gross revenue and net profits, and future import plans regarding these goods and materials. Furthermore, issuers must disclose whether any of these goods or materials are from forced labor camps.

Senate Actions

IntroReferral
Oct. 01 2020	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

House floor actions Actions

Floor

Sep. 30
2020

Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 253 - 163 (Roll no. 210). (text: CR H5063)
On motion to recommit with instructions Failed by the Yeas and Nays: 184 - 229 (Roll no. 209).
Considered as unfinished business. (consideration: CR H5088-5089)
POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit with instructions, the Chair put the question on the motion and by voice vote, announced that the noes had prevailed. Mr. McHenry demanded the yeas and nays and the Chair postponed further consideration until a time to be announced.
The previous question on the motion to recommit with instructions was ordered without objection.
DEBATE - The House proceeded with 10 minutes of debate on the McHenry motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to insert new text to the findings section of the bill about congressional and executive actions related to the Uyghur people.
Mr. McHenry moved to recommit with instructions to the Committee on Financial Services. (text: CR H5068)
DEBATE - The House proceeded with one hour of debate on H.R. 6270.
Rule provides for consideration of H.R. 4447, H.R. 6270 and H.R. 8319. The resolution provides for consideration of H.R. 4447 under a structured rulee with 90 minutes of general debate. The resolution provides for consideration of H.R. 6270, under closed rule and H.R. 8319 under a closed rule.
Considered under the provisions of rule H. Res. 1129. (consideration: CR H5063-5070)

Sep. 21
2020

Rules Committee Resolution H. Res. 1129 Reported to House. Rule provides for consideration of H.R. 4447, H.R. 6270 and H.R. 8319. The resolution provides for consideration of H.R. 4447 under a structured rulee with 90 minutes of general debate. The resolution provides for consideration of H.R. 6270, under closed rule and H.R. 8319 under a closed rule.

IntroReferral
Mar. 12 2020	Referred to the House Committee on Financial Services.

Library of Congress Actions

Floor
Sep. 30 2020	Passed/agreed to in House: On passage Passed by the Yeas and Nays: 253 - 163 (Roll no. 210).

IntroReferral
Mar. 12 2020	Introduced in House Introduced in House

House bill HR6270-116

Uyghur Forced Labor Disclosure Act of 2020

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