SEC Act of 2025

House Bill

H.R. 257

119th Congress

SEC Act of 2025

In Committee

Introduced:Jan 9, 2025

Primary Sponsor

Stephanie I. Bice

Representative

Republican

OK-5

Cosponsors

0

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill prohibits the Securities and Exchange Commission from requiring companies issuing securities to make climate-related disclosures that are not material to investors. The legislation limits SEC authority to mandate environmental reporting, arguing that climate disclosures should only be required when directly relevant to financial performance and investor decision-making. This responds to SEC proposed rules on climate risk disclosure and aims to reduce regulatory burden on publicly traded companies.

Latest Action

Referred to the House Committee on Financial Services.

AI Summary

Plain-English explanation of this bill

This bill prohibits the Securities and Exchange Commission from requiring companies issuing securities to make climate-related disclosures that are not material to investors. The legislation limits SEC authority to mandate environmental reporting, arguing that climate disclosures should only be required when directly relevant to financial performance and investor decision-making. This responds to SEC proposed rules on climate risk disclosure and aims to reduce regulatory burden on publicly traded companies.

Last updated: 1/4/2026

Official Summary

Congressional Research Service summary

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.

Key Points

Main provisions of the bill

Prohibits SEC from requiring non-material climate disclosures
Limits SEC authority over environmental reporting mandates
Requires climate disclosures to be material to investors
Responds to SEC proposed climate risk disclosure rules
Aims to reduce regulatory burden on public companies

How This Impacts Americans

Potential effects on citizens and communities

For publicly traded companies: Relief from potential climate disclosure requirements. For investors seeking ESG data: Reduced access to standardized climate information. For SEC: Constraints on rulemaking authority for environmental disclosures. For climate advocates: Setback for corporate emissions transparency. For financial analysts: Less standardized climate risk data for investment decisions.

Policy Areas

Primary Policy Area

Finance and Financial Sector

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

257, 119th Congress (2025). "SEC Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-257