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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 121 (Friday, July 14, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. MEUSER:H.R. 4653.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States Constitution.The single subject of this legislation is:Protecting U.S. Business Sovereignty Act[Page H3613]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <fullName>Rep. Meuser, Daniel [R-PA-9]</fullName>
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          <text>&lt;p&gt;&lt;strong&gt;Protecting U.S. Business Sovereignty Act &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill requires the Securities and Exchange Commission to report on the effects of the European Union's directives on corporate sustainability, particularly on&amp;nbsp;U.S. companies, consumers, and investors.&lt;/p&gt;&lt;!--tinycomments|2.1|data:application/json;base64,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--&gt;</text>
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    <title>Protecting U.S. Business Sovereignty Act</title>
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        <title>To require the Securities and Exchange Commission to conduct a study on the detrimental impact of the Directive on Corporate Sustainability Due Diligence and the Corporate Sustainability Reporting Directive on United States companies, and for other purposes.</title>
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      <actionDate>2023-07-14</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <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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