SAFE HIRE Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2359 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2359 To require certification of employment eligibility compliance in annual reporting of certain securities issuers, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 21, 2025 Mr. Moreno introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ A BILL To require certification of employment eligibility compliance in annual reporting of certain securities issuers, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Strengthening Accountability for Employers Hiring Individuals and Reforming Enforcement Act'' or the ``SAFE HIRE Act''. SEC. 2. EXECUTIVE CERTIFICATION OF EMPLOYMENT ELIGIBILITY COMPLIANCE. Section 13 of the Securities Exchange Act of 1934 (15 U.S.C. 78m) is amended by adding at the end the following: ``(t) Certification Requirements.-- ``(1) Definitions.--In this subsection: ``(A) Covered employer.--The term `covered employer' means any issuer of a security registered under section 12 or person required to file a report under section 15(d). ``(B) Internal controls.--The term `internal controls' means policies, procedures, and systems reasonably designed to-- ``(i) ensure compliance with employment eligibility verification requirements under Federal law, including section 274A of the Immigration and Nationality Act (8 U.S.C. 1324a); ``(ii) identify and prevent the use of fraudulent or unauthorized documentation in the hiring process; and ``(iii) promptly detect, report, and remediate any known violations of such requirements. ``(C) Principal executive