[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[S. 3032 Introduced in Senate (IS)]

111th CONGRESS
  2d Session
                                S. 3032

 To prohibit the enforcement of a climate change interpretive guidance 
    issued by the Securities and Exchange Commission, and for other 
                               purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           February 24, 2010

 Mr. Barrasso introduced the following bill; which was read twice and 
    referred to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
 To prohibit the enforcement of a climate change interpretive guidance 
    issued by the Securities and Exchange Commission, and for other 
                               purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Maintaining Agency Direction on 
Financial Fraud Act''.

SEC. 2. INTERPRETIVE GUIDANCE NULL AND VOID.

    Notwithstanding any other provision of law, no interpretive 
guidance issued by the Securities and Exchange Commission on or after 
the effective date of this Act relating to ``Commission Guidance 
Regarding Disclosure Related to Climate Change'', affecting Parts 211, 
231, and 249 of title 17, Code of Federal Regulations, (as described in 
Commission Release Nos. 33-9106; 34-61469; FR-82), or any successor 
thereto, may take effect, and such guidance shall have no force or 
effect with respect to any person on or after February 2, 2010.
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