Bill Details

HR.257 - 119th Congress

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Status
  1. Introduced
  2. Passed House
  3. Passed Senate
  4. To President
  5. Law
Latest action
2025-01-09 - Referred to the House Committee on Financial Services.
Introduced Date
2025-01-09
Policy Area
Finance and Financial Sector
Committees
View committees (1)
7
0

Official Summaries

Stop Environmental Calculations Act of 2025 or the SEC Act of 2025

This bill prohibits the Securities and Exchange Commission from requiring issuers of securities to make climate-related disclosures that are not material to investors.

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 257 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 257

To amend the Securities Exchange Act of 1934 to prohibit the Securities 
   and Exchange Commission from requiring an issuer to make climate-
 related disclosures that are not material to investors, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 9, 2025

  Mrs. Bice introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To amend the Securities Exchange Act of 1934 to prohibit the Securities 
   and Exchange Commission from requiring an issuer to make climate-
 related disclosures that are not material to investors, 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 ``Stop Environmental Calculations Act 
of 2025'' or the ``SEC Act of 2025''.

SEC. 2. PROHIBITION ON REQUIRING AN ISSUER TO MAKE CLIMATE-RELATED 
              DISCLOSURES THAT ARE NOT MATERIAL TO INVESTORS.

    Section 23 of the Securities Exchange Act of 1934 (15 U.S.C. 78w) 
is amended by adding at the end the following:
    ``(e) Prohibition on Requiring an Issuer To Make Climate-Related 
Disclosures That Are Not Material to Investors.--The Commission may not 
require an issuer to make climate-related disclosures that are not 
material to investors.''.
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