Outsourcing Accountability Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jul 13, 2017)
Outsourcing Accountability Act of 2017
This bill amends the Securities Exchange Act of 1934 to require registered securities issuers to disclose annually to the Securities and Exchange Commission and to shareholders: (1) the total number of employees domiciled in the United States and listed by number in each state (including those of consolidated subsidiaries); (2) the total number of such employees physically working in and domiciled in any country other than the United States, listed by number in each country; and (3) the percentage increase or decrease in such numbers from the previous reporting year.
Certain new public companies and issuers with total annual gross revenues of less than $1 billion during the most recently completed fiscal year shall be exempt from these requirements.
What just happenedJul 13, 2017
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJul 13, 2017
- Jul 13, 2017IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jul 13, 2017IntroReferralIntro-H
Introduced in House
- Jul 13, 2017IntroReferral1000
Introduced in House