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No Funds for Forced Labor Act: US Opposes Exploitative Projects

This act aims to prevent international financial institutions from funding projects that use forced labor. This means that U.S. taxpayer money will not support ventures that violate fundamental human rights, potentially influencing the ethics of global trade and production. Citizens can expect greater transparency in how these institutions spend funds.
Key points
The U.S. will oppose loans for projects with a significant risk of using forced labor, especially in China's Xinjiang region.
International financial institutions must explain how they vet projects for forced labor risks and what actions they take to mitigate them.
The U.S. Treasury Department will report annually to Congress and the public on efforts to eliminate forced labor in funded projects.
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Status:
Expired
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Additional Information
Print number: 118_HR_7125
Sponsor: Rep. Wexton, Jennifer [D-VA-10]
Process start date: 2024-01-29
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

No Funds for Forced Labor Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_7125.

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 2024-01-29.

What are the main provisions?

Key points include:

  • The U.S. will oppose loans for projects with a significant risk of using forced labor, especially in China's Xinjiang region.
  • International financial institutions must explain how they vet projects for forced labor risks and what actions they take to mitigate them.
  • The U.S. Treasury Department will report annually to Congress and the public on efforts to eliminate forced labor in funded projects.
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. Wexton, Jennifer [D-VA-10].

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.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Labor Economy Public Investments