SEC Act of 2025
Key claim: This House bill would bar the SEC from forcing public companies to make climate-related disclosures unless the information is material to investors.
Abstract
(HR257 · 119th Congress) 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. Latest action (2025-01-09): Referred to the House Committee on Financial Services.
Why this matters
The bill would statutorily cap SEC authority over climate-related disclosure mandates, converting the ongoing administrative fight over the 2024 climate rule into a legislative one. If enacted, it would prevent future SEC rulemakings from compelling climate disclosures beyond the existing investor-materiality standard, affecting both issuers’ reporting burden and investors’ access to standardized climate data.