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

116th Congress · introduced 2019-07-05 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 461.

federal

Follow this bill, step by step

Where it came from: introduced 2019-07-05 · official record
Who proposed it: Rep. Casten, Sean [D-IL-6] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Placed on the Union Calendar, Calendar No. 461. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Climate Risk Disclosure Act of 2019

Plain 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) establish standards regarding the social cost of carbon.

Congressional Research Service summary (Reported to House, Part I), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Climate Risk Disclosure Act of 2019

Source: Congressional Research Service summary (Reported to House, Part I)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Casten, Sean [D-IL-6] · 35 cosponsors

Cost estimate: CBO cost estimate: H.R. 3623, Climate Risk Disclosure Act of 2019 (2019-10-04)

Cosponsors on this site

James P. McGovern (D-MA), Alexandria Ocasio-Cortez (D-NY), Nydia M. Velázquez (D-NY), Madeleine Dean (D-PA), Julia Brownley (D-CA), Darren Soto (D-FL), Joe Neguse (D-CO), Jared Huffman (D-CA), Ayanna Pressley (D-MA), Paul Tonko (D-NY), Bill Foster (D-IL), Nanette Diaz Barragán (D-CA), Gilbert Ray Cisneros, Jr. (D-CA), Judy Chu (D-CA), Mike Levin (D-CA), Suzanne Bonamici (D-OR), Mark DeSaulnier (D-CA), Ted Lieu (D-CA), Emanuel Cleaver (D-MO), Zoe Lofgren (D-CA), Diana DeGette (D-CO), Jesús G. "Chuy" García (D-IL), Vicente Gonzalez (D-TX), Veronica Escobar (D-TX)

Sponsor's campaign money: Rep. Casten, Sean [D-IL-6] reported raising $2.5 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Reported to House, Part I)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr3623.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr3623 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116