H.R. 1187: Corporate Governance Improvement and Investor Protection Act

CBO Score

$6 million

Date of Report

Thu June 10th, 2021

Notes

Fees removed from estimate

CBO Report Details

Legislation Details

117th Congress

To provide for disclosure of additional material information about public companies and establish a Sustainable Finance Advisory Committee, and for other purposes.

Sponsor: Rep. Juan Vargas — D — CA

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.

View the full vote history of this bill on GovTrack.us.

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