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    <number>2603</number>
    <updateDate>2023-01-11T13:22:44Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:22:44Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-07-20</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. POSEY:H.R. 2603.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3Article I, Section 8 Clause 18[Page H5285]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
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                <name>Referred to</name>
                <date>2011-08-22T18:08:54Z</date>
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        <title>Maintaining Agency Direction on Financial Fraud Act</title>
        <congress>112</congress>
        <number>1393</number>
        <type>S</type>
        <latestAction>
          <actionDate>2011-07-20</actionDate>
          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2011-08-22</actionDate>
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        <text>Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.</text>
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        <actionDate>2011-07-20</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <bioguideId>P000599</bioguideId>
        <fullName>Rep. Posey, Bill [R-FL-15]</fullName>
        <firstName>Bill</firstName>
        <lastName>Posey</lastName>
        <party>R</party>
        <state>FL</state>
        <district>15</district>
        <isByRequest>N</isByRequest>
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    </sponsors>
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      <item>
        <bioguideId>C001062</bioguideId>
        <fullName>Rep. Conaway, K. Michael [R-TX-11]</fullName>
        <firstName>K.</firstName>
        <lastName>Conaway</lastName>
        <party>R</party>
        <state>TX</state>
        <middleName>Michael</middleName>
        <district>11</district>
        <sponsorshipDate>2011-07-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>C001064</bioguideId>
        <fullName>Rep. Campbell, John [R-CA-48]</fullName>
        <firstName>John</firstName>
        <lastName>Campbell</lastName>
        <party>R</party>
        <state>CA</state>
        <district>48</district>
        <sponsorshipDate>2011-07-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>P000583</bioguideId>
        <fullName>Rep. Paul, Ron [R-TX-14]</fullName>
        <firstName>RON</firstName>
        <lastName>PAUL</lastName>
        <party>R</party>
        <state>TX</state>
        <district>14</district>
        <sponsorshipDate>2011-07-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000796</bioguideId>
        <fullName>Rep. Westmoreland, Lynn A. [R-GA-3]</fullName>
        <firstName>Lynn</firstName>
        <lastName>Westmoreland</lastName>
        <party>R</party>
        <state>GA</state>
        <middleName>A.</middleName>
        <district>3</district>
        <sponsorshipDate>2011-07-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001149</bioguideId>
        <fullName>Rep. Burton, Dan [R-IN-5]</fullName>
        <firstName>DAN</firstName>
        <lastName>BURTON</lastName>
        <party>R</party>
        <state>IN</state>
        <district>5</district>
        <sponsorshipDate>2011-07-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001262</bioguideId>
        <fullName>Rep. Broun, Paul C. [R-GA-10]</fullName>
        <firstName>Paul</firstName>
        <lastName>Broun</lastName>
        <party>R</party>
        <state>GA</state>
        <middleName>C.</middleName>
        <district>10</district>
        <sponsorshipDate>2011-07-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000564</bioguideId>
        <fullName>Rep. Lamborn, Doug [R-CO-5]</fullName>
        <firstName>Doug</firstName>
        <lastName>Lamborn</lastName>
        <party>R</party>
        <state>CO</state>
        <district>5</district>
        <sponsorshipDate>2011-07-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000548</bioguideId>
        <fullName>Rep. Garrett, Scott [R-NJ-5]</fullName>
        <firstName>Scott</firstName>
        <lastName>Garrett</lastName>
        <party>R</party>
        <state>NJ</state>
        <district>5</district>
        <sponsorshipDate>2011-07-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Administrative remedies</name>
        </item>
        <item>
          <name>Civil actions and liability</name>
        </item>
        <item>
          <name>Climate change and greenhouse gases</name>
        </item>
        <item>
          <name>Government information and archives</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Securities and Exchange Commission (SEC)</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-07-20</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-11-03T15:49:06Z</updateDate>
        <text><![CDATA[ <p>Maintaining Agency Direction on Financial Fraud Act - Prohibits any interpretive guidance issued by the Securities and Exchange Commission (SEC) which relates to &quot;Commission Guidance Regarding Disclosure Related to Climate Change&quot; from taking effect with respect to any person on or after February 2, 2010.</p> <p>Prohibits the SEC from issuing interpretive guidance: (1) with respect to disclosures related to climate change after this Act's effective date; and (2) that would establish any requirements with respect to the content of or format for any disclosures related to climate change voluntarily submitted by any entity to the SEC after such date.</p> <p>Prohibits the SEC from initiating any civil or administrative action or proceeding pertaining to disclosures related to climate change after this Act's enactment and terminates any such actions or proceedings that are pending.</p> <p>Prohibits this Act from being construed as: (1) prohibiting the SEC from issuing interpretive guidance with respect to disclosures related to non-anthropogenic or natural climate variability observed over comparable time periods; or (2) terminating an administrative action or proceeding pertaining to such disclosures.<br> </p>]]></text>
      </summary>
    </summaries>
    <title>Maintaining Agency Direction on Financial Fraud Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Maintaining Agency Direction on Financial Fraud Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To prohibit the enforcement of a climate change interpretive guidance issued by the Securities and Exchange Commission, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
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        <titleType>Short Titles as Introduced</titleType>
        <title>Maintaining Agency Direction on Financial Fraud Act</title>
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        <type>Introduced in House</type>
        <date>2011-07-20T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr2603ih/xml/BILLS-112hr2603ih.xml</url>
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    <latestAction>
      <actionDate>2011-08-22</actionDate>
      <text>Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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