HR 4451 · 118th Congress · Finance and Financial Sector

Reveal Risky Business in China Act

Introduced 2023-06-30· Sponsored by Rep. Torres, Ritchie [D-NY-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2023-06-30)

Plain Language Summary

[AI summary unavailable — showing source text] Reveal Risky Business in China Act This bill requires an issuer of securities to regularly disclose whether the issuer does business (1) with or in China; (2) with any entity owned or operated by the Chinese Communist Party; or (3) with or in any country that, after March 24, 2022, invades a sovereign nation state or annexes sovereign territory. An issuer must also disclose whether its supply chain uses Uyghur forced labor.…

Summarized by Claude AI · Non-partisan · For informational purposes only