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Protecting US Businesses from EU Sustainability Directives

This act requires the U.S. Securities and Exchange Commission (SEC) to study how EU corporate sustainability rules impact U.S. companies, consumers, and the economy. The goal is to assess potential negative effects and provide recommendations to policymakers to protect U.S. interests. Citizens may feel an indirect impact through economic stability and business competitiveness.
Key points
The SEC will study the impact of EU sustainability directives on U.S. companies, consumers, and the economy.
A report from the study will include recommendations for mitigating negative impacts or alternative approaches.
The act aims to protect U.S. economic interests from potentially harmful foreign regulations.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_4653
Sponsor: Rep. Meuser, Daniel [R-PA-9]
Process start date: 2023-07-14
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protecting U.S. Business Sovereignty Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4653.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-07-14.

What are the main provisions?

Key points include:

  • The SEC will study the impact of EU sustainability directives on U.S. companies, consumers, and the economy.
  • A report from the study will include recommendations for mitigating negative impacts or alternative approaches.
  • The act aims to protect U.S. economic interests from potentially harmful foreign regulations.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Meuser, Daniel [R-PA-9].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Courts and Law