Reparations · Federal · DC
Federal bill would require corporate racial equity audits and 'atonement' for descendants of enslaved persons
- Direction
- +1 — benefit to freedmen
- Force
- 1.00 — enacted, vetoed, or final
- Status
- Developing
- Date
- 2025-08-08
Why this rating
The bill explicitly targets 'descendants of enslaved persons,' a lineage-specific formulation matching Freedmen designation, and if enacted could create a material corporate accountability/atonement mechanism specific to that lineage. However, as of this filing it has only been introduced and referred to the House Financial Services Committee with no further action, hearing, or markup reported. Per the calibration rubric, bill introduction/referral alone changes nothing yet and is rated 0 regardless of the ultimate substance of the proposal.
Summary
Rep. Al Green (D-TX) introduced HB4925, the Original Securities and Exchange Atonement Act of 2025, on August 8, 2025. The bill would amend the Securities Act of 1933 to require covered securities issuers to conduct a racial equity audit every two years and to require atonement for the descendants of enslaved persons.
Sources
- Original Securities and Exchange Atonement Act of 2025 — bill text · primary · legiscan
Rated under the published impact rubric. Direction records what a measure would do if fully effective; force records how far it has actually travelled. Neither is inferred — both trace to the sources above. Think something here is wrong? Tell us and we will log the correction.