Bill Sponsor
House Bill 1187
117th Congress(2021-2022)
Corporate Governance Improvement and Investor Protection Act
Active
Amendments
Active
Passed House on Jun 16, 2021
Overview
Text
Introduced
Feb 18, 2021
Latest Action
Jun 17, 2021
Origin Chamber
House
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
1187
Congress
117
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.
Sponsorship by Party
Democrat
California
House Votes (2)
Senate Votes (0)
Question
On Passage
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
Yea-And-Nay
Roll Number
169
House Roll Call Votes
Summary

ESG Disclosure Simplification Act of 2021

This bill requires an issuer of securities to annually disclose to shareholders certain environmental, social, and governance metrics and their connection to the long-term business strategy of the issuer. The bill also establishes the Sustainable Finance Advisory Committee that must, among other duties, recommend to the Securities and Exchange Commission policies to facilitate the flow of capital towards environmentally sustainable investments.

Text (4)
June 17, 2021
June 16, 2021
June 8, 2021
February 18, 2021
Amendments (6)
Displaying only amendments with a detailed public record (4)
Jun 16, 2021
Agreed to in House
1
Sponsorship
House Amendment 55
Amendment requires the Securities and Exchange Commission, in conjunction with the Office of the Advocate for Small Business Capital Formation and the Office of the Investor Advocate, to conduct a study and issue a report on the issues small businesses face in reporting ESG disclosures.
Agreed To
Jun 16, 2021
Not Agreed to in House
1
Sponsorship
House Amendment 54
Amendment sought to replace the text of the bill with a study requiring the Securities and Exchange Commission to summarize and describe any inconsistencies between the different ESG and climate disclosure frameworks before requiring any type of disclosure from public companies.
Active
Jun 16, 2021
Agreed to in House
1
Sponsorship
House Amendment 53
Amendments en bloc No. 1 comprised of amendments numbered 2, 3, 5, 6, 7, and 9, printed in House Report 117-59.
Agreed To
Jun 16, 2021
Not Agreed to in House
1
Sponsorship
House Amendment 52
Amendment sought to require publicly traded companies to disclose the negative impacts of federal corporate tax increases.
Active
Public Record
Record Updated
Mar 8, 2023 8:11:58 PM