S.Amdt. 5728

SA 5728. Mr. SCOTT of Florida submitted an amendment intended to be proposed to amendment SA 5499 submitted by Mr. Reed (for himself and Mr. Inhofe) and intended to be proposed to the bill H.R. 7900, to authorize appropriations for fiscal year 2023 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes; which was ordered to lie on the table; as follows:

At the appropriate place, insert the following:

SEC. _____. SEC REPORTING.

The Securities and Exchange Commission, as part of its evaluation of potential guidance on reporting on environmental, social, and governance matters by publicly traded companies, shall require reporting of--

(1) sourcing and due diligence activities of such companies involving supply chains of products that are imported into the United States that are directly linked to products utilizing forced labor from Xinjiang, China;

(2) transactions with companies that have been--

(A) placed on the Entity List by the Department of Commerce; or

(B) designated by the Department of the Treasury as Chinese Military-Industrial Complex Companies; and

(3) with respect to publicly traded United States companies with facilities in China, on an annual basis--

(A) whether there is a Chinese Communist Party committee in the operations of the company; and

(B) a summary of the actions and corporate decisions in which any committee described in subparagraph (A) may have participated.