Bill
HB 25-1119
Overview: HB 25-1119, Require Disclosures of Climate Emissions, House Committee on Energy & Environment Postpone Indefinitely, Introduced January 28, 2025Purpose and Intent: The bi
Overview: HB 25-1119, Require Disclosures of Climate Emissions, House Committee on Energy & Environment Postpone Indefinitely, Introduced January 28, 2025
Purpose and Intent: The bill aims to require certain businesses and organizations to disclose their greenhouse gas emissions and climate-related financial risks. The goal is to increase transparency and accountability around the environmental impact of economic activities.
Key Provisions:
- Requires businesses and organizations above a certain size threshold to annually report their direct and indirect greenhouse gas emissions
- Mandates the disclosure of climate-related financial risks, including the potential impact of climate change on the entity's operations, assets, and liabilities
- Establishes reporting guidelines and standards to be developed by a state regulatory agency
- Provides for enforcement mechanisms and penalties for non-compliance
Affected Parties and Impacts:
- Businesses and organizations above a certain size would be required to comply with the new disclosure requirements
- Investors, consumers, and the general public would have access to more information about the environmental impact and climate risks of economic activities
- The state regulatory agency would be tasked with developing and enforcing the reporting standards
Procedural and Timeline Considerations:
The bill was introduced in the House and has been postponed indefinitely by the House Committee on Energy & Environment. This means the bill is currently not moving forward in the legislative process.
Compiled from official sources — confirm details with the bill’s official record.
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