#aafth ,,congress  #ast ,session  ,h4   
,r4 #cfbd  ,,an ,,act  ,to amend the    
,securities ,exchange ,act of #aicd to  
require the disclosure of the total     
number of domestic and foreign employees
 of certain public companies1 and for   
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,outsourcing   
,accountability ,act of #bjai4  #b4     
,required disclosure of number of       
domestic and foreign employees ,section 
#ac of the ,securities ,exchange ,act of
 #aicd 7#ae ,u4,s4,c4 #ghm7 is amended  
by adding at the end the following3  7s7
 ,disclosure of number of domestic and  
foreign employees  7#a7 ,definition ,in 
this subsection1 the term covered       
subsidiary means1 with respect to an    
issuer1 any subsidiary of such issuer   
that is-- 7,a7 a consolidated           
subsidiary2 or  7,b7 a subsidiary with  
respect to which the issuer accounts for
 the investment of the issuer in the    
subsidiary using the equity method of   
accounting4  7#b7 ,disclosure           

,requirement ,except with respect to an 
emerging growth company1 beginning in   
the first full fiscal year that begins  
after the date of the enactment of this 
subsection1 each issuer that is required
 to file a report with the ,commission  
pursuant to subsection 7a7 shall        
disclose in such report--  7,a7 the     
total number of employees of the issuer 
and any covered subsidiary of the issuer
 who are domiciled in the ,united       
,states-- 7i7 disaggregated by ,state1  
,district of ,columbia1 commonwealth1   
territory1 or possession of the ,united 
,states2 and  7ii7 compared using a     
percentage change calculation to any    
such total reported by the issuer in the
 most recent annual report of the       
issuer2  7,b7 the total number of       
employees of the issuer who physically  
work in and are domiciled in any country
 other than the ,united ,states--  7i7  
disaggregated by country2 and  7ii7     
compared using a percentage change      
calculation to any such total reported  

by the issuer in the most recent annual 
report of the issuer2 and  7,c7 the     
total number of employees of any covered
 subsidiary of the issuer who physically
 work in and are domiciled in any       
country other than the ,united ,states--
 7i7 disaggregated by country2 and  7ii7
 compared using a percentage change     
calculation to any such total reported  
by the issuer in the most recent annual 
report of the issuer4  7#c7 ,rulemaking 
,the ,commission may issue such rules as
 the ,commission considers necessary to 
implement this subsection4  4  ,passed  
the ,house of ,representatives ,october 
#ah1 #bjai4;,clerk4