US Congress House Bill 3875 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 28)
Status: Introduced on February 1 2012 - 25% progression, died in committee
Action: 2012-02-09 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Pending: House Subcommittee on Capital Markets and Government Sponsored Enterprises Committee
Text: Latest bill text (Introduced) [PDF]

Outsourcing Accountability Act of 2012 - Amends the Securities Exchange Act of 1934 to require registered securities issuers to disclose annually to the Securities and Exchange Commission (SEC) and to shareholders: (1) the total number of employees domiciled in the United States and listed by number in each state (including those of consolidated subsidiaries); (2) the total number of such employees physically working in and domiciled in any country other than the United States, listed by number in each country; and (3) the percentage increase or decrease in such numbers from the previous reporting year. Exempts from such requirements: (1) certain new public companies, and (2) issuers with total annual gross revenues of less than $1 billion during the most recently completed fiscal year.

Outsourcing Accountability Act of 2012

Sen. Gary Peters [D-MI]	Rep. Robert Andrews [D-NJ]	Rep. Joe Baca [D-CA]	Sen. Tammy Baldwin [D-WI]
Rep. Karen Bass [D-CA]	Rep. Timothy Bishop [D-NY]	Rep. Lois Capps [D-CA]	Rep. John Conyers [D-MI]
Rep. Peter DeFazio [D-OR]	Rep. Sam Farr [D-CA]	Rep. John Garamendi [D-CA]	Rep. Janice Hahn [D-CA]
Rep. Rush Holt [D-NJ]	Rep. Michael Honda [D-CA]	Rep. Jesse Jackson [D-IL]	Rep. Barbara Lee [D-CA]
Rep. Sander Levin [D-MI]	Rep. Daniel Lipinski [D-IL]	Rep. Jerry McNerney [D-CA]	Rep. Michael Michaud [D-ME]
Rep. George Miller [D-CA]	Rep. Donald Payne [D-NJ]	Rep. Charles Rangel [D-NY]	Rep. Bobby Rush [D-IL]
Rep. Betty Sutton [D-OH]	Rep. Mike Thompson [D-CA]	Sen. Peter Welch [D-VT]	Rep. Lynn Woolsey [D-CA]

Date	Chamber	Action
2012-02-09	House	Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
2012-02-01	House	Referred to the House Committee on Financial Services.

SB3392 (Related) 2012-07-17 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/house-bill/3875/all-info
Text	https://www.congress.gov/112/bills/hr3875/BILLS-112hr3875ih.pdf