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Bill116th CongressFiled Sep 13, 2019Finance and Financial Sector
H.R. 4329

ESG Disclosure Simplification Act of 2019

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house (Jan 7, 2020)

ESG Disclosure Simplification Act of 2019

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 things, recommend to the Securities and Exchange Commission policies to facilitate the flow of capital towards environmentally sustainable investments.

What just happenedJan 7, 2020

Placed on the Union Calendar, Calendar No. 290.

Who’s behind it

Rep. Vargas, Juan [D-CA-51](D-CA)Sponsor
1 cosponsor1 D
Read on Congress.gov
1cosponsors1committees10actions8subjects
  1. Jan 7, 2020CalendarsH12410

    Placed on the Union Calendar, Calendar No. 290.

  2. Jan 7, 2020CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-365.

    Financial Services Committee
  3. Jan 7, 2020Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 116-365.

    Financial Services Committee
  4. Sep 20, 2019Committee

    Ordered to be Reported (Amended) by the Yeas and Nays: 31 - 22.

    Financial Services Committee
  5. Sep 20, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Sep 19, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  7. Sep 18, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  8. Sep 13, 2019IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  9. Sep 13, 2019IntroReferralIntro-H

    Introduced in House

  10. Sep 13, 2019IntroReferral1000

    Introduced in House

Reported to HouseJan 7, 20207

ESG Disclosure Simplification Act of 2019

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 things, recommend to the Securities and Exchange Commission policies to facilitate the flow of capital towards environmentally sustainable investments.

Introduced in HouseSep 13, 2019

ESG Disclosure Simplification Act of 2019

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 things, recommend to the Securities and Exchange Commission policies to facilitate the flow of capital towards environmentally sustainable investments.

ESG Disclosure Simplification Act of 2019 — Informed