SEC Act of 2025

2/6/2025, 8:22 PM

Summary of Bill HR 257

Bill 119 HR 257, also known as the "Climate Risk Disclosure Act," aims to amend the Securities Exchange Act of 1934 to prevent the Securities and Exchange Commission (SEC) from mandating companies to disclose climate-related information that is deemed irrelevant to investors. The bill argues that forcing companies to disclose non-material climate information could place unnecessary burdens on businesses and potentially mislead investors.

Proponents of the bill argue that companies should only be required to disclose climate-related information that is directly relevant to investors' decision-making processes. They believe that this targeted approach will ensure that investors receive accurate and meaningful information without imposing excessive regulatory requirements on businesses.

Opponents of the bill, however, argue that climate change poses significant risks to businesses and investors, and that comprehensive disclosure of climate-related information is essential for informed decision-making. They believe that the SEC should have the authority to require companies to disclose all relevant climate-related information, regardless of whether it is deemed material to investors. Overall, the debate surrounding Bill 119 HR 257 highlights the ongoing tension between the need for transparency and the desire to minimize regulatory burdens on businesses. The outcome of this bill could have significant implications for how companies disclose climate-related information in the future.

Congressional Summary of HR 257

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 Status of Bill HR 257

Bill HR 257 is currently in the status of Bill Introduced since January 9, 2025. Bill HR 257 was introduced during Congress 119 and was introduced to the House on January 9, 2025.  Bill HR 257's most recent activity was Referred to the House Committee on Financial Services. as of January 9, 2025

Bipartisan Support of Bill HR 257

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
3
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 257

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 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.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.
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