US SB2075 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 17-0)
Status: Introduced on July 10 2019 - 25% progression, died in chamber
Action: 2020-11-17 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 10 2019 - 25% progression, died in chamber
Action: 2020-11-17 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Summary
Directs the Securities and Exchange Commission (SEC) to require an issuer of securities to annually disclose information regarding climate change-related risks posed to the issuer, including an issuer's strategies and actions to mitigate these risks. Among other things, issuers must (1) report their direct and indirect greenhouse-gas emissions, (2) disclose their fossil fuel-related assets, and (3) establish standards regarding the social cost of carbon.
Title
Climate Risk Disclosure Act of 2019
Sponsors
| Sen. Elizabeth Warren [D-MA] | Sen. Brian Schatz [D-HI] | Sen. Sheldon Whitehouse [D-RI] | Sen. Chris Van Hollen [D-MD] |
| Sen. Amy Klobuchar [D-MN] | Sen. Kirsten Gillibrand [D-NY] | Sen. Michael Bennet [D-CO] | Sen. Richard Blumenthal [D-CT] |
| Sen. Cory Booker [D-NJ] | Sen. Edward Markey [D-MA] | Sen. Jeff Merkley [D-OR] | Sen. Kamala Harris [D-CA] |
| Sen. Tina Smith [D-MN] | Sen. Dianne Feinstein [D-CA] | Sen. Charles Schumer [D-NY] | Sen. Thomas Carper [D-DE] |
| Sen. Patty Murray [D-WA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-11-17 | Senate | Committee on Banking, Housing, and Urban Affairs. Hearings held. |
| 2019-07-10 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB3623 (Related) 2020-10-27 - Placed on the Union Calendar, Calendar No. 461.
Subjects
Administrative law and regulatory procedures
Air quality
Business records
Climate change and greenhouse gases
Corporate finance and management
Finance and financial sector
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
Water use and supply
Air quality
Business records
Climate change and greenhouse gases
Corporate finance and management
Finance and financial sector
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
Water use and supply
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2075/all-info |
| Text | https://www.congress.gov/116/bills/s2075/BILLS-116s2075is.pdf |
