US HB2603 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Republican 9)
Status: Introduced on July 20 2011 - 25% progression, died in committee
Action: 2011-08-22 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Pending: House Subcommittee on Capital Markets and Government Sponsored Enterprises Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 20 2011 - 25% progression, died in committee
Action: 2011-08-22 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Pending: House Subcommittee on Capital Markets and Government Sponsored Enterprises Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Maintaining Agency Direction on Financial Fraud Act - Prohibits any interpretive guidance issued by the Securities and Exchange Commission (SEC) which relates to "Commission Guidance Regarding Disclosure Related to Climate Change" from taking effect with respect to any person on or after February 2, 2010. Prohibits the SEC from issuing interpretive guidance: (1) with respect to disclosures related to climate change after this Act's effective date; and (2) that would establish any requirements with respect to the content of or format for any disclosures related to climate change voluntarily submitted by any entity to the SEC after such date. Prohibits the SEC from initiating any civil or administrative action or proceeding pertaining to disclosures related to climate change after this Act's enactment and terminates any such actions or proceedings that are pending. Prohibits this Act from being construed as: (1) prohibiting the SEC from issuing interpretive guidance with respect to disclosures related to non-anthropogenic or natural climate variability observed over comparable time periods; or (2) terminating an administrative action or proceeding pertaining to such disclosures.
Title
Maintaining Agency Direction on Financial Fraud Act
Sponsors
| Rep. Bill Posey [R-FL] | Rep. Paul Broun [R-GA] | Rep. Dan Burton [R-IN] | Rep. John Campbell [R-CA] |
| Rep. Michael Conaway [R-TX] | Rep. Scott Garrett [R-NJ] | Rep. Doug Lamborn [R-CO] | Rep. Ron Paul [R-TX] |
| Rep. Lynn Westmoreland [R-GA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-08-22 | House | Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. |
| 2011-07-20 | House | Referred to the House Committee on Financial Services. |
Same As/Similar To
SB1393 (Same As) 2011-07-20 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Subjects
Administrative law and regulatory procedures
Administrative remedies
Civil actions and liability
Climate change and greenhouse gases
Finance and financial sector
Government information and archives
Securities
Securities and Exchange Commission (SEC)
Administrative remedies
Civil actions and liability
Climate change and greenhouse gases
Finance and financial sector
Government information and archives
Securities
Securities and Exchange Commission (SEC)
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/2603/all-info |
| Text | https://www.congress.gov/112/bills/hr2603/BILLS-112hr2603ih.pdf |
