H.R. 2570: Climate Risk Disclosure Act of 2021

CBO Score

$10 million

Date of Report

Wed May 19th, 2021

Notes

Fees removed from estimate

CBO Report Details

Legislation Details

117th Congress

To amend the Securities Exchange Act of 1934 to require certain disclosures relating to climate change, and for other purposes.

Sponsor: Rep. Sean Casten — D — IL

Directs the Securities and Exchange Commission 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. Specifically, issuers must report their direct and indirect greenhouse-gas emissions and disclose their fossil fuel-related assets.

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

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