SEC Act of 2023

Bill: 118-hr-317
Sponsor: full_name: Rep. Bice, Stephanie I. [R-OK-5]
Introduced: 2023-01-12
Policy area: Finance and Financial Sector
Latest action: action_date: 2023-01-12
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2023-01-12
action_desc: Introduced in House
text: <p><b>Stop Environmental Calculations Act of 2023 or the SEC Act of 2023 </b></p> <p>This bill prohibits the Securities and Exchange Commission from requiring climate-related disclosures that are not material to investors. </p>

tv_txt: I 118th CONGRESS 1st Session H. R. 317 IN THE HOUSE OF REPRESENTATIVES January 12, 2023 Mrs. Bice (for herself, Mr. Newhouse , Mr. Johnson of South Dakota , and Mr. Carter of Georgia ) 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.

1. Short title This Act may be cited as the Stop Environmental Calculations Act of 2023 or the SEC Act of 2023 . 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. .