H.R. 3624 - 116th Congress (2019-2020) - 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.

Text (4)

Referred in Senate

October 21, 2019

Engrossed in House

October 18, 2019

Reported in House

October 4, 2019

Introduced in House

July 5, 2019

Amendments (2)

Oct 18, 2019

Not Agreed to in House

Sponsorship

House Amendment 632

Amendment sought to require disclosure of the information under the bill only if that information is material information for investors.

Active

Oct 18, 2019

Not Agreed to in House

Sponsorship

House Amendment 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.

Active

Actions (24)

Show Only Major Actions

10/21/2019

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

10/18/2019

Motion to reconsider laid on the table Agreed to without objection.

10/18/2019

On passage Passed by the Yeas and Nays: 226 - 184 (Roll no. 567). (text: CR H8237-8238)

10/18/2019

Passed/agreed to in House: On passage Passed by the Yeas and Nays: 226 - 184 (Roll no. 567).(text: CR H8237-8238)

10/18/2019

The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.

10/18/2019

The previous question was ordered pursuant to the rule.

10/18/2019

The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3624.

10/18/2019

POSTPONED PROCEEDINGS - At the conclusion of debate on the Hill (AR) amendment, the Chair put the question on the amendment and by voice vote, announced that the noes had prevailed. Mr. Hill (AR) demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.

10/18/2019

DEBATE - 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.

10/18/2019

POSTPONED PROCEEDINGS - At the conclusion of debate on the Huizenga amendment, the Chair put the question on the amendment and by voice vote, announced that the noes had prevailed. Mr. Huizenga demanded a recorded vote and the Chair postponed further proceedings on agreeing to the amendment until a time to be announced.

10/18/2019

DEBATE - 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.

10/18/2019

GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3624.

10/18/2019

The Speaker designated the Honorable Joe Neguse to act as Chairman of the Committee.

10/18/2019

House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 629 and Rule XVIII.

10/18/2019

Rule provides for consideration of H.R. 1815 and H.R. 3624 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order.

10/18/2019

Considered under the provisions of rule H. Res. 629. (consideration: CR H8233-8242)

10/16/2019

Rule H. Res. 629 passed House.

10/15/2019

Rules Committee Resolution H. Res. 629 Reported to House. Rule provides for consideration of H.R. 1815 and H.R. 3624 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Specified amendments are in order.

10/04/2019

Placed on the Union Calendar, Calendar No. 173.

10/04/2019

Reported (Amended) by the Committee on Financial Services. H. Rept. 116-220.

07/16/2019

Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.

07/16/2019

Committee Consideration and Mark-up Session Held.

07/05/2019

Referred to the House Committee on Financial Services.

07/05/2019

Introduced in House

Public Record

Record Updated

Nov 1, 2022 1:49:44 PM