; and (B) the actions taken to mitigate, track, and reverse that risk. (b) Definition of forced labor In this section, the term forced labor — (1) has the meaning given the term in section 307 of the Tariff Act of 1930 ( 19 U.S.C. 1307 ); and (2) includes convict labor and indentured labor under penal sanctions. . (b) Report (1) In general Not later than 1 year after the date of the enactment of this Act, and annually thereafter for the next 5 years, the Secretary of the Treasury shall submit to the Committee on Financial Services of the House of Representatives, the Committee on Foreign Affairs of the House of Representatives, the Committee on Foreign Relations of the Senate, and the Committee on Banking, Housing, and Urban Affairs of the Senate a written report on the implementation of the amendment made by subsection (a), which shall include details about— (A) any project approved by an international financial institution (as defined in section 1701(c)(2) of the International Financial Institutions Act) in which forced labor could possibly be used; and (B) the efforts of the United States Executive Director at each such institution to convince other countries to oppose any project in which forced labor could be used. (2) Public availability The Secretary of the Treasury shall make the report (or an unclassified version of the report) available to the public.