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© 2026 Govwatch

HR9761Referred to Committee

To amend the Securities Exchange Act of 1934 to require country-by-country reporting.

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-07-16
Introduced
1
Cosponsors
HR
ⓘ
Type

Sponsor

Brittany Pettersen
Brittany Pettersen
Democrat · CO · Representative
Votes with party: 96.6% (504 recorded votes)
Top industries funding sponsor:
  • Climate & Environment$5k

Full profile: /officials/P000620

Source: Congress.gov · FEC

Cosponsors (1)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Eleanor Holmes Norton (D-DC)Original· 2026-07-16

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Financial Services.

2026-07-16

Source: Congress.gov

Committee Activity

Currently in

  • House Committee on Financial ServicesReferred To · 2026-07-16

Plain-English Summary

Large multinational corporations would be required to publicly disclose their profits, taxes paid, and number of employees in each country where they operate, rather than just reporting global totals. This transparency measure would help investors, tax authorities, and the public understand how these companies distribute their earnings across different nations and whether they're paying their fair share of taxes in each location. The requirement would primarily affect major international businesses and financial institutions.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

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