New congressional bill calls for transparency on trafficking and slavery in corporate supply chains

In late July 2015, Representative Carolyn Maloney (D-NY) introduced H.R. 3226, the Business Supply Chain Transparency on Trafficking and Slavery Act of 2015. The bill, if passed, would require companies to file annual reports with the Securities and Exchange Commission (SEC) disclosing their efforts to identify and address specific human rights risks in their supply chains. The proposed federal legislation would apply to companies with annual worldwide gross receipts exceeding one hundred million dollars.