Congresswoman Cynthia McKinney Introduces Landmark TRUTH Act of 2000
October 19, 2000
Washington, D.C.- Congresswoman Cynthia McKinney introduced HR 5492, the TRUTH Act of 2000 (Transparency and Responsibility for US Trade Health). This bill will require US Corporations doing business abroad to disclose certain information about their operations: including location and address of facilities, age and gender of employees, environmental performance, and labor practices.
"Within the United States, corporations are required to report on many aspects of their business. This shared information is very useful to workers and to local communities. However, in overseas operations, businesses operate under an air of secrecy. American citizens have a right to know the conditions under which their products are made. I introduced this important piece of legislation in order to promote transparency and openness in US business practices. It is time we held US corporations working abroad to the same standards that we expect from them at home. " McKinney said.
The legislation is a component of her larger bill, the Corporate Code of Conduct Act. However, the TRUTH Act of 2000 does not require corporations to change their practices, only to share information with the public.
"The TRUTH Act of 2000 should be palatable to my more conservative colleagues. Anyone opposed to this legislation must have something to hide," Concluded McKinney.