Outsourcing Accountability Act of 2019
Latest action · Oct 21, 2019 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 5, 2019
- Passed HouseOct 18, 2019
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Outsourcing Accountability Act of 2019
This bill requires an issuer that is registered with the Securities and Exchange Commission to disclose specified information related to the number of domestic and foreign employees of the issuer and its subsidiaries.
An issuer that is an emerging growth company (in general, a newly public company with revenues below a specified threshold) shall be exempt from the bill's disclosure requirement.
Recorded votes 3
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 567 | On Passage | Passed226–184 | Oct 18, 2019 |
| House 566 | On Agreeing to the Amendment | Failed187–224 | Oct 18, 2019 |
| House 565 | On Agreeing to the Amendment | Failed184–229 | Oct 18, 2019 |
Cosponsors 1
Members who signed on, in the order they did. All signed on Jul 5, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Jerry McNerney | Original | Jul 5, 2019 |
Actions 24
Everything that happened, newest first.
- Oct 21, 2019Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Oct 18, 2019Considered under the provisions of rule H. Res. 629. (consideration: CR H8233-8242)
- Oct 18, 2019DEBATE - Pursuant to the provisions of H.Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Hill (AR) amendment No. 2.
- Oct 18, 2019DEBATE - Pursuant to the provisions of H.Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Huizenga amendment No. 1.
- Oct 18, 2019GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3624.
Amendments 2
Amendments offered to this bill.
| Amendment | Description | Offered by | Status |
|---|---|---|---|
| HAmdt 631 | Amendment sought to exempt issuers from making additional disclosures if they are required to make a CEO pay ratio disclosure or disclosures relating to conflict minerals. | Bill Huizenga R-MI | On agreeing to the Huizenga amendment (A001) Failed by recorded vote: 184 - 229 (Roll no. 565). |
| HAmdt 632 | Amendment sought to require disclosure of the information under the bill only if that information is material information for investors. | J. French Hill R-AR | On agreeing to the Hill (AR) amendment (A002) Failed by recorded vote: 187 - 224 (Roll no. 566). |
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HRES 629 | Providing for consideration of the bill (H.R. 1815) to require the Securities and Exchange Commission, when developing rules and regulations about disclosures to retail investors, to conduct investor testing, including a survey and interviews of retail in | Procedurally related | Oct 16, 2019 |
| S 1843 | Outsourcing Accountability Act of 2019 | Identical bill | Jun 13, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 4
Each version as it was printed, newest first.
- Oct 21, 2019Referred in Senate
- Oct 18, 2019Engrossed in House
- Oct 4, 2019Reported in House
- Jul 5, 2019Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.