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IL SB3623
Bill
Status
1/13/2021
Primary Sponsor
Jacqueline Collins
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AI Summary
SB3623 - Business Supply Chain Transparency for Slavery, Trafficking, and Child Labor Act
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Requires retail sellers and manufacturers doing business in Illinois with annual worldwide gross receipts exceeding $100,000,000 to disclose efforts to eradicate slavery, human trafficking, and child labor from direct supply chains for tangible goods.
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Disclosures must be posted on company websites with conspicuous links on the homepage, or provided in writing within 30 days of consumer request for businesses without websites.
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Minimum disclosure requirements include: supply chain verification methods, supplier audits, direct supplier certifications regarding compliance with slavery and trafficking laws, internal accountability standards, and employee training on these issues.
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Department of Revenue must provide Attorney General an annual list of affected companies by November 30 each year, beginning November 30, 2021, based on tax returns filed for taxable years beginning January 1, 2021 or later.
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Attorney General has exclusive authority to enforce through injunctive relief; violations do not limit remedies available under other state or federal laws.
Legislative Description
BUSINESS SUPPLY CHAIN SLAVERY
Last Action
Session Sine Die
1/13/2021