(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.
The bill says: Section 23 of the Securities Exchange Act of 1934 (15 U.S.C. 78w) is amended by adding at the end the following:
From the bill's official text on GovInfo and the U.S. Code, 2024 edition, which may not yet show changes made since.
What it does
Sourced
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.
Official summary by the Congressional Research Service (Introduced in House, Jan 9, 2025).
Our plain-language breakdown, with what it means for you and the case for and against, is written once a bill starts to move.
What has happened
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Jan 9, 2025Referred to the House Committee on Financial Services.House floor actions