H.R. 4625House118th Congress (2023-2025)In Committee

Protecting U.S. Business Sovereignty Act

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Updated January 20, 2026 at 9:56 AM UTC

The Protecting U.S. Business Sovereignty Act directs the Comptroller General to study how two European Union sustainability directives – the Corporate Sustainability Due Diligence Directive and the Corporate Sustainability Reporting Directive – affect U.S. companies, consumers, investors, and the overall U.S. economy. The study must also examine how the directives align with international human‑rights and environmental standards and assess their legal extraterritorial reach. Within one year, the Comptroller General must deliver a report with findings and policy recommendations to key congressional committees and executive officials.

Key Provisions

The Comptroller General must conduct a study on the potential detrimental impacts of the EU sustainability directives on U.S. businesses, consumers, investors, and the U.S. economy.
The study must also evaluate the directives’ consistency with international human‑rights and environmental obligations and the legal basis for any extraterritorial application.
A report, due within one year of enactment, must be submitted to the Senate Banking Committee, the House Financial Services Committee, the Secretaries of State and Commerce, and the U.S. Trade Representative, containing results and policy recommendations.
The Comptroller General may request relevant data from private entities, which are required to provide the information for the study.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Foreign Affairs.

Foreign Affairs Committee

July 13, 2023

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HouseIntro Referral

Introduced in House

July 13, 2023

HouseIntro Referral

Referred to the House Committee on Foreign Affairs.

Foreign Affairs Committee

July 13, 2023

Bill Text

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Introduced in HouseIssued July 13, 2023

118th CONGRESS

1st Session

H. R. 4625

IN THE HOUSE OF REPRESENTATIVES

July 13, 2023

Mr. Meuser introduced the following bill; which was referred to the Committee on Foreign Affairs

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.

Short title

This Act may be cited as the Protecting U.S. Business Sovereignty Act.

Study on detrimental impact of the Directive on Corporate Sustainability Due Diligence and Corporate Sustainability Reporting Directive

(a)

Study

The Comptroller General of the United States shall conduct a study to examine and evaluate—

(1)

the detrimental impact and potential detrimental impact of each of the Directives on—

(A)

United States companies, consumers, and investors; and

(B)

the economy of the United States;

(2)

the extent to which each of the Directives aligns with international conventions and declarations on human rights and environmental obligations; and

(3)

the legal basis for the extraterritorial reach of each of the Directives.

(b)

Report

Not later than 1 year after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate, the Committee on Financial Services of the House of Representatives, the Secretary of State, the Secretary of Commerce, and the United States Trade Representative a report that includes—

(1)

the results of the study conducted under this section; and

(2)

recommendations for policymakers and relevant stakeholders on potential mitigating measures, alternative approaches, or modifications to each of the Directives that would address any concerns identified in the study.

(c)

Access to information

The Comptroller General of the United States may request from private entities such relevant data and information as the Comptroller General determines necessary to carry out the study required under this section and such private entities shall provide such requested data and information to the Comptroller General.

(d)

Directives defined

In this section the term Directives means—

(1)

the proposed directive entitled Corporate Sustainability Due Diligence adopted by the European Commission on February 23, 2022; and

(2)

the Corporate Sustainability Reporting Directive of the European Commission effective January 5, 2023.