U.S. Congress - H.R.6066 Extractive Industries Transparency Disclosure Act
H.R.6066 - Extractive Industries Transparency Disclosure Act
To require, for the benefit of shareholders, the disclosure of payments to foreign governments for the extraction of natural resources, to allow such shareholders more appropriately to determine associated risks. view all titles (2)
All Bill Titles
- Short: Extractive Industries Transparency Disclosure Act as introduced.
- Official: To require, for the benefit of shareholders, the disclosure of payments to foreign governments for the extraction of natural resources, to allow such shareholders more appropriately to determine associated risks. as introduced.
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Official Summary
5/15/2008--Introduced.Extractive Industries Transparency Disclosure Act - Amends the Securities Exchange Act of 1934 to instruct the Securities and Exchange Commission (SEC) to require specified annual reports of an issuer to disclose the total payments made to an agency or instrumentalityOfficial Summary
5/15/2008--Introduced.Extractive Industries Transparency Disclosure Act - Amends the Securities Exchange Act of 1934 to instruct the Securities and Exchange Commission (SEC) to require specified annual reports of an issuer to disclose the total payments made to an agency or instrumentality of a foreign government:
(1) for natural resources in a foreign country; or
(2) in connection with the extraction of natural resources from a foreign country.
Requires compilation of such information so that it is accessible by the public directly from the SEC website without separately accessing the annual reports of each issuer filing the information on the EDGAR system.
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Who`s Best for Corporate Coffers?
Extractive Industries Transparency Disclosure Act (HR 6066). This legislation would force all US natural- resource companies to report royalty, tax, profits and other payments they make to foreign governments for extraction rights to ...
Extractive Industry Transparency Disclosure Act Needs Your Support ...
This legislation would benefit shareholders, provide citizens with information to hold governments accountable and discourage corruption. A similar bill, H.R 6066 was introduced and a legislative hearing held in Congress by Rep. ...
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