To require certain businesses to disclose and eradicate the use of unlawful child labor in their supply chain, and for other purposes.
Summary
What This Bill Does
The bill requires required reporting on use of unlawful child labor from covered business entities In this Act: The term covered business entity means any issuer, as defined in section 2(a) of the Securities Act of 1933 (15, creates audit requirements Each audit conducted under section 2(b)(1)(A) shall meet each of the following requirements: The auditor shall— select a cross-section of workers to interview that represents the full, and provides enforcement The Secretary may assess civil damages against a covered business entity in an amount of not more than $100,000,000 if, after notice and an opportunity for a hearing, the Secretary determines that. It relies on compliance mandates, reporting requirements, product standards, and definition changes. The main policy areas are Finance, Business, Environment, and Housing.
Who Benefits and How
Businesses and employers affected by the bill could gain revenue opportunities and Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Financial services firms and customers affected by the bill would take on compliance duties, and Environmental and public health interests affected by the bill would take on compliance duties.
Key Provisions
- Requires required reporting on use of unlawful child labor from covered business entities In this Act: The term covered business entity means any issuer, as defined in section 2(a) of the Securities Act of 1933 (15...
- Creates audit requirements Each audit conducted under section 2(b)(1)(A) shall meet each of the following requirements: The auditor shall— select a cross-section of workers to interview that represents the full...
- Provides enforcement The Secretary may assess civil damages against a covered business entity in an amount of not more than $100,000,000 if, after notice and an opportunity for a hearing, the Secretary determines that...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires required reporting on use of unlawful child labor from covered business entities In this Act: The term covered business entity means any issuer, as defined in section 2(a) of the Securities Act of 1933 (15, creates audit requirements Each audit conducted under section 2(b)(1)(A) shall meet each of the following requirements: The auditor shall— select a cross-section of workers to interview that represents the full, and provides enforcement The Secretary may assess civil damages against a covered business entity in an amount of not more than $100,000,000 if, after notice and an opportunity for a hearing, the Secretary determines that.
Key Policy Areas
Finance, Business, Environment, Housing
Primary Purpose
The bill requires required reporting on use of unlawful child labor from covered business entities In this Act: The term covered business entity means any issuer, as defined in section 2(a) of the Securities Act of 1933 (15, creates audit requirements Each audit conducted under section 2(b)(1)(A) shall meet each of the following requirements: The auditor shall— select a cross-section of workers to interview that represents the full, and provides enforcement The Secretary may assess civil damages against a covered business entity in an amount of not more than $100,000,000 if, after notice and an opportunity for a hearing, the Secretary determines that.
Policy Domains
Whole bill
Identified Gains
- Businesses and employers affected by the bill
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Financial services firms and customers affected by the bill
- Environmental and public health interests affected by the bill
- Businesses and employers affected by the bill
- Homeowners, tenants, or housing market participants affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Hawley introduced the following bill; which was read twice …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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