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1 bill on this topic
“The limits on targeted foreign sustainability due diligence rules should cover U.S.-connected companies that do federal business and work in areas such as raw materials, manufacturing, defense production, critical minerals, or fuels, with the President able to add companies important to U.S. national interests.”
1 bill on this topic
“Covered companies generally should not be allowed to follow targeted foreign sustainability due diligence rules, while still being able to follow U.S. law and continue normal business actions that are not done just to satisfy those foreign rules.”
1 bill on this topic
“Covered companies should be able to sue in federal court if someone illegally punishes them over targeted foreign sustainability due diligence rules, and winning companies could receive court orders, compensation, attorney fees, costs, and punitive damages up to the penalty limit.”
1 bill on this topic
“The Government Accountability Office should recommend ways policymakers and affected groups could reduce problems, try different approaches, or seek changes to the covered EU corporate sustainability rules.”
1 bill on this topic
“The Government Accountability Office should examine whether the covered EU corporate sustainability rules match international human rights and environmental standards, and whether the EU has a legal basis for applying them to companies or conduct outside Europe.”
1 bill on this topic
“Covered companies should be able to ask the President for permission to follow a targeted foreign sustainability due diligence rule in hardship cases, with a written answer within 30 days that considers supply chains, jobs, local economies, wider U.S. effects, and whether the company can sell or leave affected foreign operations.”
1 bill on this topic
“People or organizations that illegally punish covered companies over targeted foreign sustainability due diligence rules could face civil fines up to $1 million and could be blocked from bidding on federal contracts or awards for up to three years.”
1 bill on this topic
“The study should cover only two named European Union corporate sustainability measures: the Corporate Sustainability Due Diligence Directive and the Corporate Sustainability Reporting Directive.”
1 bill on this topic
“The SEC should recommend ways for U.S. policymakers and other stakeholders to reduce problems found in the study, use different approaches, or seek changes to the two covered EU sustainability rules.”
1 bill on this topic
“The SEC should study whether two specific EU sustainability rules are hurting or could hurt U.S. companies, consumers, investors, and the wider U.S. economy.”
1 bill on this topic
“The targeted foreign rules should be those that make companies check environmental or social impacts, act on those impacts, and report on their operations or value chains, including named European Union sustainability due diligence measures.”
1 bill on this topic
“U.S. federal and state courts should not enforce foreign court judgments against covered companies when the judgment is tied to a targeted foreign sustainability due diligence rule, unless Congress later allows enforcement.”
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