ESG Disclosure Simplification Act of 2019

House Bill 4329 - ESG Disclosure Simplification Act of 2019: Overview, Status, and Impact

Hozzl · 2022-11-01T13:50:01Z

Explore the details of House Bill 4329 ESG Disclosure Simplification Act of 2019 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

11/1/2022, 1:50 PM

Congressional Summary of HR 4329

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.

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Current Status of Bill HR 4329

Bill HR 4329 is currently in the status of Bill Introduced since September 13, 2019. Bill HR 4329 was introduced during Congress 116 and was introduced to the House on September 13, 2019. Bill HR 4329's most recent activity was Placed on the Union Calendar, Calendar No. 290. as of January 7, 2020

Bipartisan Support of Bill HR 4329

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4329

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Administrative remedies

- Business ethics

- Business records

- Environmental assessment, monitoring, research

- Government ethics and transparency, public corruption

- Government information and archives

- Securities

- Securities and Exchange Commission (SEC)

Alternate Title(s) of Bill HR 4329

ESG Disclosure Simplification Act of 2019

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

ESG Disclosure Simplification Act of 2019