Outsourcing Accountability Act of 2019
USA116th CongressHR-3624| House
| Updated: 10/21/2019
Cynthia Axne
Democratic Representative
Iowa
Cosponsors (1)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 173.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-220.
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.
Rule H. Res. 629 passed House.
Considered under the provisions of rule H. Res. 629. (consideration: CR H8233-8242)
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.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 629 and Rule XVIII.
The Speaker designated the Honorable Joe Neguse to act as Chairman of the Committee.
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3624.
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.
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.
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.
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.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3624.
The previous question was ordered pursuant to the rule.
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.
On passage Passed by the Yeas and Nays: 226 - 184 (Roll no. 567). (text: CR H8237-8238)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Business recordsCorporate finance and managementFinancial services and investmentsForeign and international corporationsForeign laborSecuritiesUnemployment
Outsourcing Accountability Act of 2019
USA116th CongressHR-3624| House
| Updated: 10/21/2019
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ordered to be Reported (Amended) by the Yeas and Nays: 33 - 25.
Committee Consideration and Mark-up Session Held.
Placed on the Union Calendar, Calendar No. 173.
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-220.
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.
Rule H. Res. 629 passed House.
Considered under the provisions of rule H. Res. 629. (consideration: CR H8233-8242)
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.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 629 and Rule XVIII.
The Speaker designated the Honorable Joe Neguse to act as Chairman of the Committee.
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 3624.
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.
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.
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.
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.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 3624.
The previous question was ordered pursuant to the rule.
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.
On passage Passed by the Yeas and Nays: 226 - 184 (Roll no. 567). (text: CR H8237-8238)
View VoteMotion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Cynthia Axne
Democratic Representative
Iowa
Cosponsors (1)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
Related Bills
- S 116-1843: Outsourcing Accountability Act of 2019
- HRES 116-629: Providing for consideration of the bill (H.R. 1815) to require the Securities and Exchange Commission, when developing rules and regulations about disclosures to retail investors, to conduct investor testing, including a survey and interviews of retail investors, and for other purposes, and providing for consideration of the bill (H.R. 3624) to amend the Securities Exchange Act of 1934 to require the disclosure of the total number of domestic and foreign employees of certain public companies, and for other purposes.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Business recordsCorporate finance and managementFinancial services and investmentsForeign and international corporationsForeign laborSecuritiesUnemployment