The House of Representatives March 8, 2012, voted down the
Outsourcing Accountability Act of 2012 (HR 3875) by a vote of 230
to 175. The bill, originally introduced by Rep. Gary Peters
(D-Mich.), would have amended federal securities law to require
public companies with revenues of more than $1 billion to disclose,
in their annual filings, employment numbers by U.S. and foreign (by
country) jurisdictions. Currently, public companies are required to
disclose total employment numbers without any jurisdictional
breakdown. Read our blog post on the Outsourcing Accountability Act
here. The bill, along with others, had been added as an
amendment to H.R. 3606, the Jumpstart Our Business Startups (JOBS),
legislation intended to encourage the creation of American
jobs.
In contrast, the U.S. Call Center and Consumer Protection Act (HR
3596), introduced in December 2011 by Reps. Timothy Bishop (D-N.Y.)
and David McKinley (R-W.V.), has gained support in the House, and
now has a reported 77 co-sponsors, including five republicans. The
bill would, among other things, make companies that relocate call
centers overseas ineligible for federal grant or guaranteed loan
programs for five years. Read our blog post on the U.S. Call Center
and Consumer Protection Act
here.
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