,i #aac? ,,congress #b;d ,session ,h4 ,r4 #dhdb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,june #aa1 #bjad ,mrs4 ,c>olyn ,b4 ,maloney ( ,new ,york 7= h]self & ,mr4 ,smi? ( ,new ,j]sey7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices1 & 9 addition to ! ,committee on ,education & ! ,work=ce1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d ! ,securities ,ex*ange ,act ( #aicd to require c]ta9 companies to disclose in=mation describ+ any measures ! company has tak5 to id5tify & address conditions ( =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor )9 ! company's supply *a9s4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,bus9ess ,supply ,*a9 ,transp>5cy on ,traffick+ & ,slav]y ,act ( #bjad4 #b4 ,f9d+s & s5se ( congress 7a7 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,9 #bjab1 ! ,dep>tm5t ( ,labor id5tifi$ #acd goods f #gd c\ntries ar\nd ! _w made by =c$ labor & *ild labor4 7#b7 ,! ,unit$ ,/ates is ! _w's l>ge/ import]1 & 9 ! #ba/ c5tury1 inve/ors1 consum]s1 & broad] civil society increas+ly dem& in=mation ab\t ! human rights impact ( products 9 ! ,unit$ ,/ates m>ket4 7#c7 ,c\rts h also rul$ t consum]s d n h /&+ to br+ a civil action 9 ,unit$ ,/ates c\rts = en=cem5t ( ?is provision ( ! ,t>iff ,act1 because ! legislative int5t 0 to protect ,am]ican manufactur]s f unfairly pric$ goods1 n to protect consum]s f ta9t$ goods1 consequ5tly1 !re are few] ?an #dj en=cem5t actions on record 9 ! pa/ #hj ye>s4 7#d7 ,me*anisms "u ,f$]al law relat$ to =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor 9 ! /ream ( comm]ce suff] f simil> problems ( limit$ scope1 broad expectations1 & inability to provide in=mation ab\t specific supplies ^: goods are ta9t$4 7#e7 ,! ,unit$ ,nations ,guid+ ,pr9ciples on ,bus9ess & ,human ,rights affirm t bus9ess ent]prises h a responsibility to respect human rights1 & t ,/ates h a duty to ensure ^! rights are protect$4 ,su* ,guid+ ,pr9ciples also cl>ify t ! duty to protect aga9/ bus9ess-relat$ human rights abuses requires ,/ates to take ! necess>y /eps to prev5t & address human rights abuses to work]s ?r\gh effective policies & regulation4 7#f7 ,! ,traffick+ ,victims ,protection ,reau?orization ,act ( #bjjc 7,public ,law #ajh-aic7 toge!r ) ! ,traffick+ ,victims ,protection ,act ( #bjje 7,public ,law #aji-afd7 provide = ! t]m9ation ( ,f$]al contracts :]e a ,f$]al contractor or subcontractor engages 9 sev]e =ms ( traffick+ 9 p]sons or has procur$ a comm]cial sex act dur+ ! p]iod ( "t t ! grant1 contract1 or coop]ative agreem5t is 9 effect1 or uses =c$ labor 9 ! p]=mance ( ! grant1 contract1 or coop]ative agreem5t4 ,! ,traffick+ ,victims ,protection ,act ( #bjje also provide ,unit$ ,/ates c\rts ) crim9al jurisdiction abroad ov] ,f$]al employees1 contractors1 or subcontractors :o p>ticipate 9 sev]e =ms ( traffick+ 9 p]sons or =c$ labor4 7#g7 ,executive ,ord] #acabf1 ,prohibition ( ,acquisition ( ,products ,produc$ by ,=c$ or ,ind5tur$ ,*ild ,labor1 ,executive ,ord] #acfbg1 ,/r5g!n+ ,protections ,aga9/ ,traffick+ ,9 ,p]sons ,9 ,f$]al ,contracts1 & title ,,xvii ( ! ,national ,def5se ,au?orization ,act = ,fiscal ,ye> #bjac 7,public ,law #aab-bci7 h prohibit$ ,f$]al contractors1 subcontractors1 & _! employees f engag+ 9 ! foll[+ traffick+-relat$ activities3 *>g+ labor recruitm5t fees2 confiscat+ passports & o!r id5tity docum5ts ( work]s2 & us+ fraudul5t recruitm5t practices1 includ+ fail+ to disclose basic in=mation or mak+ mat]ial misrepres5tations ab\t ! t]ms & conditions ( employm5t4 ,su* ,executive ord] & ,acts also require ,f$]al contractors1 subcontractors1 & _! employees to ma9ta9 an anti-traffick+ compliance plan t includes1 among o!r elem5ts1 a compla9t me*anism & proc$ures to prev5t subcontractors at any ti] f engag+ 9 traffick+ 9 p]sons4 7b7 ,s5se ( congress ,x is ! s5se ( ,congress t-- 7#a7 =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor are among ! mo/ egregi\s =ms ( abuse t humans commit aga9/ ea* o!r1 = ! sake ( comm]cial pr(it2 7#b7 ! legislative & regulatory framework to prev5t goods produc$ by =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor f pass+ into ! /ream ( comm]ce 9 ! ,unit$ ,/ates is gravely inadequate2 7#c7 legislation is necess>y to provide consum]s in=mation on products t are free ( *ild labor1 =c$ labor1 slav]y1 & human traffick+2 & 7#d7 ?r\gh publicly available disclosures1 bus9esses & consum]s c avoid inadv]t5tly promot+ or sanction+ ^! crimes ?r\gh production & pur*ase ( goods & products t h be5 ta9t$ 9 ! supply *a9s4 #c4 ,disclosure ( in=mation relat+ to ef=ts to combat ! ,use ( ,=c$ ,labor1 ,slav]y1 ,traffick+ 9 ,p]sons1 or ! ,wor/ ,=ms ( ,*ild ,labor ,section #ac ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghm7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7s7 ,disclosures relat+ to ef=ts ,to combat ! ,use ( ,=c$ ,labor1 ,slav]y1 ,traffick+ 9 ,p]sons1 or ! ,wor/ ,=ms ( ,*ild ,labor 7#a7 ,regulations ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ! ,global ,supply ,*a9 ,transp>5cy = ,traffick+1 ,=c$ ,labor1 & ,*ild ,labor ,eradication ,act1 ! ,commission1 9 consultation ) ! ,secret>y ( ,/ate1 %all promulgate regulations to require t any cov]$ issu] requir$ to file reports ) ! ,commission "u ?is section to include annually 9 su* reports1 a disclosure :e!r ! cov]$ issu] has tak5 any measures dur+ ! ye> = :i* su* report+ is requir$ to id5tify & address conditions ( =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor )9 ! cov]$ issu]'s supply *a91 & a description ( su* measures tak54 ,su* disclosure %all include1 "u ! head+ #8,policies to ,address ,=c$ ,labor1 ,slav]y1 ,human ,traffick+1 & ! ,wor/ ,=ms ( ,*ild ,labor'1 in=mation describ+ to :at ext5t1 if any1 ! cov]$ issu] conducts any ( ! foll[+ activities3 7,a7 ,:e!r ! cov]$ issu] ma9ta9s a policy to id5tify & elim9ate ! risks ( =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor )9 ! cov]$ issu]'s supply *a9 7su* disclosure to include ! text ( ! policy or sub/antive description ( ! elem5ts ( ! policy71 & actions ! cov]$ issu] has tak5 pursuant to or 9 ! abs5ce ( su* policy4 7,b7 ,:e!r ! cov]$ issu] ma9ta9s a policy prohibit+ its employees & employees ( entities associat$ ) its supply *a9 = engag+ 9 comm]cial sex acts ) a m9or4 7,c7 ,! ef=ts ( ! cov]$ issu] to evaluate & address ! risks ( =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor 9 ! product supply *a94 ,if su* ef=ts h be5 made1 su* disclosure %all-- 7i7 describe any risks id5tifi$ )9 ! supply *a91 & ! measures tak5 t[>d elim9at+ ^? risks2 7ii7 specify :e!r ! evaluation 0 or 0 n conduct$ by a ?ird p>ty2 7iii7 specify :e!r ! process includes consultation ) ! indep5d5t labor organizations 7z su* t]m is def9$ 9 section #b ( ! ,national ,labor ,relations ,act 7#bi ,u4,s4,c4 #aeb771 work]s' associations1 or work]s )9 workplaces & incorporates ! result+ input or writt5 comm5ts f su* indep5d5t labor organizations1 work]s' associations1 or work]s & if s1 ! disclosure %all describe ! entities consult$ & specify ! me?od ( su* consultation2 & 7iv7 specify ! ext5t to :i* ! process cov]s entities )9 ! supply *a91 includ+ entities up/ream 9 ! product supply *a9 & entities across l9es ( products or s]vices4 7,d7 ,! ef=ts ( ! cov]$ issu] to ensure t audits ( suppli]s )9 ! supply *a9 ( ! cov]$ issu] are conduct$ to-- 7i7 inve/igate ! work+ conditions & labor practices ( su* suppli]s2 7ii7 v]ify :e!r su* suppli]s h 9 place appropriate sy/ems to id5tify risks ( =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor )9 _! own supply *a92 & 7iii7 evaluate :e!r su* sy/ems are 9 compliance ) ! policies ( ! cov]$ issu] or ef=ts 9 abs5ce ( su* policies4 7,e7 ,! ef=ts ( ! cov]$ issu] to-- 7i7 require suppli]s 9 ! supply *a9 to atte/ t ! manufacture ( mat]ials incorporat$ into any product & ! recruitm5t ( labor are c>ri$ out 9 compliance ) ! laws reg>d+ =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor ( ! c\ntry or c\ntries 9 :i* ! cov]$ issu] is do+ bus9ess2 7ii7 ma9ta9 int]nal acc\ntability /&>ds1 supply *a9 managem5t1 & procurem5t sy/ems1 & proc$ures = employees1 suppli]s1 contractors1 or o!r entities )9 its supply *a9 fail+ to meet ! cov]$ issu]'s /&>ds reg>d+ =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor1 includ+ a description ( su* /&>ds1 sy/ems1 & proc$ures2 7iii7 tra9 ! employees & managem5t :o h direct responsibility = supply *a9 managem5t on issues relat$ to =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor1 p>ticul>ly ) respect to mitigat+ risks )9 ! supply *a9s ( products2 & 7iv7 ensure t labor recruitm5t practices at all suppli]s associat$ ) ! supply *a9 comply ) ! cov]$ issu]'s policies or ef=ts 9 abs5ce ( su* policies = elim9at+ exploitive labor practices t contribute to =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor1 includ+ by comply+ ) audits ( labor recruit]s & disclos+ ! results ( su* audits4 7,f7 ,! ef=ts ( ! cov]$ issu] 9 cases :]e =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor h be5 id5tifi$ )9 ! supply *a91 to ensure t rem$ial action is provid$ to ^? :o h id5tifi$ z victims1 includ+ support = programs design$ to prev5t ! recurr5ce ( ^? ev5ts )9 ! indu/ry or sector 9 :i* !y h be5 id5tifi$4 7#b7 ,requirem5ts = availability ( in=mation 7,a7 ,9 g5]al ,! regulations promulgat$ "u p>agraph 7#a7 %all require-- 7i7 t ! requir$ in=mation be disclos$ by ! cov]$ issu] on ! ,int]net website ( ! cov]$ issu] ?r\gh a conspicu\s & easily und]/&able l9k to ! relevant in=mation t %all be label$ ,global ,supply ,*a9 ,transp>5cy2 & 7ii7 if an individual submits a writt5 reque/ to ! cov]$ issu] = su* in=mation1 t ! cov]$ issu] provides ! individual ) a writt5 disclosure ( ! requir$ in=mation "u ?is section )9 #cj days ( ! receipt ( su* reque/4 7,b7 ,disclosure ,! ,commission %all make available to ! public 9 a se>*able =mat on ! ,commission's website-- 7i7 a li/ ( cov]$ issu]s requir$ to disclose any measures tak5 by ! company to id5tify & address conditions ( =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor )9 ! cov]$ issu]'s supply *a91 z requir$ by ?is subsection2 & 7ii7 a compilation ( ! in=mation submitt$ "u ! rules issu$ "u p>agraph 7#a74 7#c7 ,def9itions ,z us$ 9 ?is subsection-- 7,a7 ! t]m cov]$ issu] means an issu] t has annual worldwide global receipts 9 excess ( #ajj1jjj1jjj2 7,b7 ! t]ms =c$ labor1 slav]y1 & human traffick+ mean any labor practice or human traffick+ activity 9 violation ( national & int]national /&>ds1 includ+ ,int]national ,labor ,organization ,conv5tion ,no4 #ahb1 ! ,traffick+ ,victims ,protection ,act ( #bjjj 7,public ,law #ajf-chf71 & acts t w\ld violate ! crim9al provisions relat$ to slav]y & human traffick+ "u *apt] #gg ( title #ah1 ,unit$ ,/ates ,code1 if !y _h be5 committ$ )9 ! jurisdiction ( ! ,unit$ ,/ates2 7,c7 ! t]ms rem$iation & rem$ial action mean ! activities or sy/ems t an issu] puts 9 place to address non-compliance ) ! /&>ds id5tifi$ ?r\gh monitor+ or v]ification1 :i* may apply to individuals adv]sely affect$ by ! non-compliant conduct or address broad] sy/ematic processes2 7,d7 ! t]m supply *a91 ) respect to a cov]$ issu] disclos+ ! in=mation requir$ "u ! regulations promulgat$ "u ?is section1 means all labor recruit]s1 suppli]s ( products1 compon5t p>ts ( products1 & raw mat]ials us$ by su* entity 9 ! manufactur+ ( su* entity's products :e!r or n su* entity has a direct relation%ip ) ! suppli]2 & 7,e7 ! t]m ! wor/ =ms ( *ild labor means *ild labor 9 violation ( national & int]national /&>ds1 includ+ ,int]national ,labor ,organization ,conv5tion ,no4 #ahb4 4 #d4 ,disclosures on website ( ,dep>tm5t ( ,labor 7a7 ,9 g5]al ,! ,secret>y ( ,labor %all make available to ! public 9 a se>*able =mat on ! ,dep>tm5t ( ,labor's website-- 7#a7 a li/ ( companies requir$ to disclose any measures tak5 by ! company to id5tify & address conditions ( =c$ labor1 slav]y1 human traffick+1 & ! wor/ =ms ( *ild labor )9 ! cov]$ issu]'s supply *a91 z requir$ by section #ac7s7 ( ! ,securities ,ex*ange ,act ( #aicd1 z add$ by section #c2 & 7#b7 a compilation ( ! in=mation disclos$ pursuant to su* requirem5ts4 7b7 ,top #ajj li/ ,! ,secret>y ( ,labor1 9 consultation ) ! ,secret>y ( ,/ate & o!r appropriate ,f$]al & int]national ag5cies1 indep5d5t labor evaluators1 & human rights gr\ps1 %all annually develop & publi% on ! ,int]net website ( ! ,dep>tm5t ( ,labor a li/ ( top #ajj companies adh]+ to supply *a9 labor /&>ds1 z e/abli%$ "u relevant ,f$]al & int]national guidel9es4