H.R. 4790Prioritizing Economic Growth Over Woke Policies Act

2 recorded actions302 of these members are on the 2026 ballotWhat the measure does Read on Congress.gov

Sponsor: Bill Huizenga [R-MI-04]
Cosponsors: 3 · 3 Republicans
Policy area: Finance and Financial Sector
Committees: Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Latest action: Sep 23, 2024 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

IntroducedJul 20, 2023
Passed the HouseSep 19, 2024
Passed the SenateNot yet reached
Sent to the PresidentNot yet reached
Became lawNot yet reached

What the measure doesCRS summary

This bill limits the disclosures required by issuers of securities as a result of a rulemaking and establishes the Public Company Advisory Committee.

First, the bill requires the Securities and Exchange Commission (SEC) to limit issuer disclosure requirements made in a rulemaking. Specifically, the SEC must provide that an issuer of securities is only required to disclose information in response to a rulemaking if the issuer determines that this information is material with respect to a voting or investment decision regarding the issuer’s securities.

The bill also requires the SEC to report on its website each required disclosure of nonmaterial information under current federal securities laws and regulations and a justification for the disclosure. The SEC must report this information to Congress every five years. The bill also establishes that a person's failure to disclose such nonmaterial information is not a liability in a private action.

Further, the bill establishes the Public Company Advisory Committee within the SEC. The committee must advise the SEC on regulatory priorities, public reporting and corporate governance of public companies, shareholder meetings and the proxy process, and other topics. The committee must be comprised of individuals who are officials of public companies, have senior managerial responsibility in associations that represent the interests of public companies, or provide professional advice and services to public companies.

Finally, the bill requires the SEC to report on the effects of the European Union's directives on corporate sustainability, particularly on U.S. companies, consumers, and investors.

Written by the nonpartisan Congressional Research Service, describing H.R. 4790 as reported to House on Dec 22, 2023. It is not the text of the measure; a later amendment may have changed what it does.

Roll calls on H.R. 47902 roll calls on this measure

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Sep 19, 2024Each bar: ✓ Yea from the bottom, ✕ Nay aboveSep 19, 2024

How every member votedHouse roll call 435

House Sep 19, 2024 · the primary vote

On Passage

GUARDRAIL Act

Passed

215 Yea 203 Nay 12 not voting · 1 present

Party-line vote 3 of 418 voting members broke with their own party: 3 Democrats.

Open the official roll call

How the chamber split

One dot per member. Select a seat or a bar to filter the list.

DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present

By party select a segment to filter

All members431 members

Democratic211 members

Republican220 members

marks half of the votes cast. A party’s majority is the side most of its voting members took.

Cosponsors3 · 3 Republicans

Signing on is not a vote: a member can cosponsor H.R. 4790 and vote against it. 3 signed when it was filed.

RDaniel Meuser [R-PA-09]Original2026 profile

RFrank D. Lucas [R-OK-03]Original2026 profile

RAlexander Mooney [R-WV-02]Original

Loading the public record

Who lobbied on H.R. 479015 organizations

Organizations that named H.R. 4790 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.

AMERICAN PROPERTY CASUALTY INSURANCE ASSOCIATIONfiled by AMERICAN PROPERTY CASUALTY INSURANCE ASSOCIATION FKA PROPERTY CASUALTY INSURERS ASSOC. OF AMERICAIts PAC: American Property Casualty Insurance Association PAC

Disaster Planning/Emergencies · Housing · Insurance · Taxation/Internal Revenue Code +8 more6 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

AMERICAN PROPERTY CASUALTY INSURANCE ASSOCIATION FKA PROPERTY CASUALTY INSURERSfiled by CGCN GROUP, LLC

Financial Institutions/Investments/Securities · Insurance · Budget/Appropriations · Alcohol and Drug Abuse +8 more6 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

INVESTMENT COMPANY INSTITUTEIts PAC: Investment Co. Institute PAC

Financial Institutions/Investments/Securities · Retirement · Taxation/Internal Revenue Code · Budget/Appropriations6 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

CHAMBER OF COMMERCE OF THE U.S.A.

Aviation/Airlines/Airports · Banking · Aerospace · Automotive Industry +30 more4 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

NATIONAL ASSOCIATION OF MANUFACTURERSIts PAC: National Association of Manufacturers PAC

Agriculture · Clean Air and Water (quality) · Chemicals/Chemical Industry · Communications/Broadcasting/Radio/TV +24 more3 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

AMERICANS FOR FINANCIAL REFORM

Financial Institutions/Investments/Securities · Banking · Consumer Issues/Safety/Products · Housing +4 more2 filings · 3rd Quarter (July 1 - Sep 30) 2024Filing

AMERICANS FOR TAX REFORM

Retirement · Budget/Appropriations · Copyright/Patent/Trademark · Economics/Economic Development +15 more2 filings · 4th Quarter (Oct 1 - Dec 31) 2023Filing

INTERNATIONAL ASSOCIATION OF FIRE FIGHTERSIts PAC: International Association of Firefighters Interested in Registration & Education PAC

Taxation/Internal Revenue Code · Government Issues · Natural Resources · Budget/Appropriations +12 more2 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

MAJORITY ACTION

Financial Institutions/Investments/Securities · Labor Issues/Antitrust/Workplace2 filings · 4th Quarter (Oct 1 - Dec 31) 2023Filing

VANGUARD GROUPIts PAC: The Vanguard Group Committee for Responsible Government

Financial Institutions/Investments/Securities · Retirement · Taxation/Internal Revenue Code2 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

40 disclosures name this measure. Retrieved from LDA.gov on 2026-10-04. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.