Senate Bill 2075
116th Congress(2019-2020)
Climate Risk Disclosure Act of 2019
Introduced
Introduced in Senate on Jul 10, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2075
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
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.
July 10, 2019
11/17/2020
Committee on Banking, Housing, and Urban Affairs. Hearings held.
07/10/2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
07/10/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:50:43 PM