H.R.3623 - Climate Risk Disclosure Act of 2019116th Congress (2019-2020) |
|Sponsor:||Rep. Casten, Sean [D-IL-6] (Introduced 07/05/2019)|
|Committees:||House - Financial Services; Energy and Commerce|
|Committee Meetings:||07/16/19 10:00AM|
|Latest Action:||House - 07/16/2019 Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.3623 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in House (07/05/2019)
Climate Risk Disclosure Act of 2019
This bill 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.