H.R. 8507 — Introduced in House

I 117th CONGRESS 2d Session H. R. 8507 IN THE HOUSE OF REPRESENTATIVES July 26, 2022Mr. Nehls (for himself, Mr. Vicente Gonzalez of Texas, Mr. Sessions, Mr. Cuellar, Mr. Williams of Texas, Mr. Gibbs, Mr. Weber of Texas, Mr. Crawford, Mr. Feenstra, Mr. Jackson, Mr. Ellzey, and Mr. Mann) introduced the following bill; which was referred to the Committee on Financial Services A BILL To provide that under the securities laws certain disclosures related to scope 3 greenhouse-gas emissions may not be required. 1. Short title This Act may be cited as the Scope 3 Act. 2. Scope 3 greenhouse-gas emissions disclosures Under the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934 (15 U.S.C. 78c)), an issuer may not be required to disclose or otherwise provide information with respect to the greenhouse-gas emissions or consumption of the value chain of such issuer (commonly known as Scope 3 emissions).