April 24, 2023 Group Watch: Tuberville Sponsors “Protect Farmers” Legislation
Senator Tommy Tuberville, a member of the Senate Agriculture, Nutrition and Forestry Committee, is cosponsoring a bill that will exempt family farmers from Securities and Exchange Commission requirements forcing farmers to report all operational Scope 3 greenhouse gas emissions. The bill comes in response to a newly proposed rule from the SEC, which would force publicly traded companies to include various climate related disclosures in their registration statements and periodic reports. This also includes farms that are outside of the SEC’s statutory authority. This legislation is supported by the Alabama Farmers Federation.