HB4625: Protecting U.S. Business Sovereignty Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
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.
Plain-language summary
This bill asks the Comptroller General—a top official who audits federal spending—to study how two European Union rules harm American businesses. The first EU rule requires companies to check their supply chains for environmental and human rights problems. The second requires companies to report on their sustainability practices. The bill was introduced but has not yet advanced in Congress. It affects U.S. companies that do business in Europe or have international operations.
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HB4625: Protecting U.S. Business Sovereignty Act