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![handle is hein.congrecreports/crptxadpi0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION .
116TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 116-634
WORKFORCE INVESTMENT DISCLOSURE ACT OF 2020
DECEMBER 8, 2020.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Ms. WATERS, from the Committee on Financial Services,
submitted the following
R E P O R T
together with
MINORITY VIEWS
[To accompany H.R. 5930]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 5930) to amend the Securities Exchange Act of 1934 to
require issuers to disclose information about human capital man-
agement in annual reports, and for other purposes, having consid-
ered the same, reports favorably thereon with an amendment and
recommends that the bill as amended do pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 3
Background and Need for Legislation ................................................................... 3
Section-by-Section A nalysis ................................................................................... 4
Hearings ................................................................................................................... 5
Com m ittee Consideration ........................................................................................ 5
Committee Votes ...................................................................................................... 5
Statement of Oversight Findings and Recommendations of the Committee ...... 9
Statement of Performance Goals and Objectives .................................................. 9
New Budget Authority and CBO Cost Estimate ................................................... 9
C om m ittee C ost E stim ate ....................................................................................... 11
U nfunded M andate Statem ent ............................................................................... 11
Advisory Committee ................................................................................................ 11
Application of Law to the Legislative Branch ....................................................... 11
Earmark Statement ................................................................................................. 11
Duplication of Federal Program s ............................................................................ 11
C h anges to E xisting L aw ........................................................................................ 11
Minority Views ......................................................................................................... 37
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