[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7355 Introduced in House (IH)]

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117th CONGRESS
  2d Session
                                H. R. 7355

 To provide that under the securities laws certain disclosures related 
 to greenhouse-gas emissions or consumption of an issuer shall not be 
                       construed to be required.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 1, 2022

Ms. Van Duyne (for herself, Mr. Smith of Nebraska, Mr. Rodney Davis of 
Illinois, Mr. Allen, Mr. Gibbs, Mr. Ellzey, Mr. Roy, Mrs. Boebert, Mr. 
 Gohmert, Mr. Jackson, and Mr. LaMalfa) introduced the following bill; 
       which was referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
 To provide that under the securities laws certain disclosures related 
 to greenhouse-gas emissions or consumption of an issuer shall not be 
                       construed to be required.

    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 ``Stopping Excessive Climate Reporting 
Act''.

SEC. 2. RULE OF CONSTRUCTION WITH RESPECT TO CERTAIN DISCLOSURES.

    (a) In General.--Under the securities laws (as such term is defined 
in section 3(a)(47) of the Securities Exchange Act of 1934 (15 U.S.C. 
78c)), an issuer shall not be construed to be required to disclose or 
otherwise provide the information described in subsection (b).
    (b) Information.--The information described in this subsection is 
as follows:
            (1) The greenhouse-gas emissions or consumption of--
                    (A) the issuer; or
                    (B) the supply chain or consumers of such issuer 
                (commonly known as ``Scope 3 emissions'').
            (2) Any independent certification with respect to the 
        information described in paragraph (1).
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