Bill

Bill > HR4625


US HR4625

US HR4625
Protecting U.S. Business Sovereignty Act


summary

Introduced
07/13/2023
In Committee
07/13/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To require the Comptroller General of the United States to conduct a study on the detrimental impact of the Directive on Corporate Sustainability Due Diligence and the Corporate Sustainability Reporting Directive on United States companies, and for other purposes.

AI Summary

This bill requires the Comptroller General of the United States to conduct a study on the detrimental impact of the European Union's proposed "Corporate Sustainability Due Diligence" directive and the "Corporate Sustainability Reporting Directive" on U.S. companies, consumers, investors, and the U.S. economy. The study will examine the alignment of these directives with international human rights and environmental obligations, as well as the legal basis for their extraterritorial reach. The Comptroller General will then provide a report with recommendations for policymakers and stakeholders on potential mitigating measures, alternative approaches, or modifications to address any concerns identified in the study.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

Referred to the House Committee on Foreign Affairs. (on 07/13/2023)

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