1. Short title This Act may be cited as the Corporate Responsibility for Child Labor Elimination Act of 2023 . 2. Required reporting on use of unlawful child labor from covered business entities (a) Definitions In this Act: (1) Covered business entity The term covered business entity means any issuer, as 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) Gross receipts The term gross receipts has the meaning given the term in section 993(f) of the Internal Revenue Code of 1986. (3) On-site service The term on-site service means any service work provided on the site of a covered business entity or supplier of such entity, including food service work, catering services, cleaning, and maintenance. (4) On-site service provider The term on-site service provider , with respect to a covered business entity, means any entity that provides workers who perform on-site services for the covered business entity or any supplier of such covered business entity. (5) Secretary The term Secretary means the Secretary of Labor. (6) Supplier The term supplier , with respect to a covered business entity, means any entity that produces any input of a good produced by such covered business entity. (7) Supply chain The term supply chain means the end-to-end process for producing and transporting goods beginning at the point of origin through a point of distribution to the destination, inclusive of suppliers and on-site service providers. (8) Unlawful child labor The term unlawful child labor means any labor practice that violates child labor laws in the United States, including Federal and State child labor laws. (b) Audit and reporting requirements (1) In general Not later than 1 year after the date of enactment of this Act, and every year thereafter, each covered business entity shall— (A) conduct an audit of its supply chain, pursuant to the requirements of section 3, to investigate the presence or use of unlawful child labor by the