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US HB257
Bill
Status
1/9/2025
Primary Sponsor
Stephanie Bice
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AI Summary
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Prohibits the Securities and Exchange Commission (SEC) from requiring publicly traded companies to disclose climate-related information that is not considered "material" to investors
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Amends Section 23 of the Securities Exchange Act of 1934 (15 U.S.C. 78w) by adding a new subsection (e) containing the prohibition
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Introduced by Rep. Bice on January 9, 2025, and referred to the House Committee on Financial Services
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Targets SEC regulatory authority over corporate climate disclosures, limiting mandatory reporting to only information deemed financially significant to investment decisions
Legislative Description
SEC Act of 2025 Stop Environmental Calculations Act of 2025
Finance and financial sector
Last Action
Referred to the House Committee on Financial Services.
1/9/2025