H.R.3623: Climate Risk Disclosure Act of 2019

About This Bill

  • Introduced July 5, 2019
  • Latest Major Action Oct. 27, 2020

Bill Sponsor

Bill Versions

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)...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 7 statements associated with H.R.3623.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3623.

Bill Actions

Date Description
Oct. 27, 2020
Placed on the Union Calendar, Calendar No. 461.
Oct. 27, 2020

Committee on Energy and Commerce discharged.

Oct. 27, 2020
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-563, Part I.
July 16, 2019
Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.
July 16, 2019
Committee Consideration and Mark-up Session Held.
July 8, 2019
Referred to the Subcommittee on Environment and Climate Change.
July 5, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
July 5, 2019

Introduced in the House by Sean Casten (D-Ill.)

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