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NY S07428
Bill
Status
10/8/2021
Primary Sponsor
Alessandra Biaggi
Click for details
AI Summary
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Applies to fashion sellers with over $100 million in annual gross receipts selling wearing apparel, footwear, or fashion bags, requiring them to conduct human rights and environmental due diligence across their supply chain tiers one through four.
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Mandates supply chain mapping with 75% coverage of tier one suppliers within 12 months, tier two within 24 months, and tier three and four within 36 months of the effective date.
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Requires annual due diligence reports to the attorney general including worker wages compared to minimum and living wages, unionization rates, overtime hours, greenhouse gas emissions inventories with science-based reduction targets, and wastewater chemical sampling for dyeing and finishing suppliers.
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Establishes the Fashion Remediation Fund to receive fines up to 2% of annual revenues from non-compliant fashion sellers, with proceeds funding environmental and labor remediation projects benefiting affected workers and communities.
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Makes fashion sellers jointly and severally liable for tier one supplier employee wages and requires the Department of State to accredit independent verification bodies and establish implementing regulations within six months.
Legislative Description
Requires fashion sellers to be accountable to standardized environmental and social due diligence policies; establishes a fashion remediation fund for the purpose of implementing one or more environmental benefit projects or labor remediation projects that directly and verifiably benefit the workers and communities directly impacted, to the extent practicable, at the location the injury has occurred.
Last Action
PRINT NUMBER 7428A
11/18/2022