This bill would require large corporations with over $500 million in annual revenue to audit their supply chains annually to identify and eliminate unlawful child labor. Covered businesses would need to conduct detailed audits that include interviews with workers (conducted off-site and in confidence), review of company documents, and management meetings, then submit comprehensive reports to the Labor Department and publish them publicly or provide them to consumers upon request. The reports must detail the company's child labor prevention policies, verification procedures for suppliers and service providers, audit findings, and include a certification signed by the CEO. The Secretary of Labor would enforce the law, with penalties up to $100 million for violations and up to $500 million for retaliatory actions against workers who participate in audits. The Labor Department has 180 days from enactment to write implementing regulations, and affected companies have one year after enactment to conduct their first audit.
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