Bill 119 s 985, also known as the "Prohibition of Foreign Sustainability Due Diligence Regulation Act," aims to prevent certain entities that are crucial to the national interests of the United States from being involved in any foreign sustainability due diligence regulations. This includes regulations such as the Corporate Sustainability Due Diligence Directive of the European Union.
The bill seeks to protect American interests by prohibiting these entities from being subject to foreign regulations that may impact their operations and competitiveness. It also aims to ensure that the United States maintains control over its own sustainability standards and regulations.
In addition to prohibiting participation in foreign sustainability due diligence regulations, the bill includes provisions for other purposes that are not specified in the summary.
Overall, Bill 119 s 985 is designed to safeguard the national interests of the United States and maintain control over sustainability standards and regulations within the country.
0