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Increased Transparency and Accountability for Labor Unions

New rules enhance financial disclosure requirements for labor unions and their trusts. They introduce financial penalties for failing to provide information to members and for late report filings. The act also strengthens protections for union employees who report misconduct.
Key points
Labor unions must file more detailed financial reports, including those for trusts.
Union members can receive up to $250 per day if the union refuses to provide required financial information.
Financial penalties up to $45,000 are introduced for late or incomplete union reports.
Union employees are protected from dismissal or discrimination for filing complaints or testifying in matters related to this act.
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Additional Information
Union Transparency and Accountability Act
Print number: HR 3640
Sponsor: Rep. Steel, Michelle [R-CA-48]
Process start date: 2021-05-28