arrow_back Back to App

Disclosure of Business Ties to China and Aggressor Nations

New rules require publicly traded companies to disclose if they do business with China, entities linked to the Chinese Communist Party, or countries that invaded sovereign nations after March 2022. Companies must also report if their supply chains use forced Uyghur labor. This aims to increase transparency for investors and citizens, allowing them to make informed decisions about business risks.
Key points
Public companies must disclose business ties to China or aggressor nations.
Requirement to report on the use of forced Uyghur labor in supply chains.
Provisions are set to expire in 5 years, unless deemed not in the public interest or for investor protection sooner.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_4451
Sponsor: Rep. Torres, Ritchie [D-NY-15]
Process start date: 2023-06-30
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Reveal Risky Business in China Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4451.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-06-30.

What are the main provisions?

Key points include:

  • Public companies must disclose business ties to China or aggressor nations.
  • Requirement to report on the use of forced Uyghur labor in supply chains.
  • Provisions are set to expire in 5 years, unless deemed not in the public interest or for investor protection sooner.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Torres, Ritchie [D-NY-15].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy