CA SB657

Enacts the California Transparency in Supply Chains Act of 2010, requiring retail sellers and manufacturers with annual worldwide gross receipts exceeding $100,000,000 doing business in California to disclose efforts to eradicate slavery and human trafficking from their direct supply chains effective January 1, 2012.

Requires disclosures to be posted on company websites with conspicuous links on homepages, or provided in writing within 30 days if no website exists, addressing verification of supply chains, supplier audits, supplier certifications, internal accountability standards, and employee training on human trafficking and slavery.

Specifies that audits must be independent and unannounced, and supply chain verification must be conducted by third parties unless otherwise noted.

Makes the exclusive remedy for violations an action by the Attorney General for injunctive relief, without limiting other available remedies under state or federal law.

Requires the Franchise Tax Board to provide the Attorney General an annual list by November 30 of each year of retail sellers and manufacturers meeting the disclosure requirements, based on tax returns filed.