1. Short title This Act may be cited as the Slave-Free Business Certification Act of 2020 . 2. Required reporting on use of forced labor from covered business entities (a) Definitions In this section: (1) Covered business entity The term covered business entity means any issuer, as that term is defined in section 2(a) of the Securities Act of 1933 ( 15 U.S.C. 77b(a) ), that has annual, worldwide gross receipts that exceed $500,000,000. (2) Forced labor The term forced labor means any labor practice or human trafficking activity in violation of national and international standards, including— (A) International Labor Organization Convention No. 182; (B) the Trafficking Victims Protection Act of 2000 ( 22 U.S.C. 7101 et seq.); and (C) any act that would violate the criminal provisions related to slavery and human trafficking under chapter 77 of title 18, United States Code, if the act had been committed within the jurisdiction of the United States. (3) Gross receipts The term gross receipts — (A) means the gross amount, including cash and the fair market value of other property or services received, gained in a transaction that produces business income from— (i) the sale or exchange of property; (ii) the performance of services; or (iii) the use of property or capital; and (B) does not include— (i) repayment, maturity, or redemption of the principal of a— (I) loan; (II) bond; (III) mutual fund; (IV) certificate of deposit; or (V) similar marketable instrument; (ii) proceeds from— (I) the issuance of a company’s own stock; or (II) the sale of treasury stock; (iii) amounts received as the result of litigation, including damages; (iv) property acquired by an agent on behalf of another party; (v) Federal, State, or local tax refunds or other tax benefit recoveries; (vi) certain contributions to capital; (vii) income from discharge of indebtedness