Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "The Enhancement and Standardization of Climate-Related Disclosures for Investors".
HJRES 127 is a congressional disapproval resolution targeting a Securities and Exchange Commission (SEC) rule requiring public companies to standardize climate-related financial disclosures. It seeks to block the SEC’s March 2024 rule (89 Fed. Reg. 21668), which would mandate consistent reporting on climate risks for investors. If passed, this resolution would prevent the SEC rule from taking effect, directly affecting publicly traded companies required to comply with the proposed disclosure standards. The bill uses a specific congressional process under Title 5, U.S. Code, to nullify the rule without creating new regulations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2024
Committee Review
Floor Vote
President
Introduced Apr 9, 2024
Last action Jul 30, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
3
Jul 30, 2024
Lower · Passed
Reported by the Committee on Financial Services. H. Rept. 118-615.
lower
Apr 17, 2024
Lower · Passed
Committee Consideration and Mark-up Session Held
lower
Apr 9, 2024
Committee
Referred to the House Committee on Financial Services.
lower
Apr 9, 2024
Introduced
Introduced in House
lower
1 primary · 40 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bill Huizenga
RRepublican
Co
Alexander X. Mooney
RRepublican
Co
Andrew Ogles
RRepublican
Co
Andy Barr
RRepublican
Co
Andy Biggs
RRepublican
Co
Ann Wagner
RRepublican
Co
August Pfluger
RRepublican
Co
Bill Posey
RRepublican
Co
Blaine Luetkemeyer
RRepublican
Co
Brad Finstad
RRepublican
Co
Bryan Steil
RRepublican
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