HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.congrecreports/crptxadkp0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION
GP
116TH CONGRESS [REPT. 116-563
2d Session HOUSE OF REPRESENTATIVES Part 1
CLIMATE RISK DISCLOSURE ACT OF 2019
OCTOBER 27, 2020.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Ms. WATERS, from the Committee on Financial Services,
submitted the following
R E P O R T
together with
MINORITY VIEWS
[To accompany H.R. 3623]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 3623) to amend the Securities Exchange Act of 1934 to
require issuers to disclose certain activities relating to climate
change, and for other purposes, having considered the same, re-
ports favorably thereon with an amendment and recommends that
the bill as amended do pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 7
Background and Need for Legislation .................................................................... 8
Section-by-Section Analysis ................................................................................... 8
Hearings ................................................................................................................... 10
Com m ittee Consideration ........................................................................................ 11
Committee Votes ...................................................................................................... 11
Statement of Oversight Findings and Recommendations of the Committee ...... 14
Statement of Performance Goals and Objectives .................................................. 14
New Budget Authority and CBO Cost Estimate ................................................... 14
Com m ittee Cost Estim ate ....................................................................................... 16
Com m ittee Correspondence .................................................................................... 17
Unfunded M andate Statem ent ............................................................................... 20
Advisory Committee ................................................................................................ 20
Application of Law to the Legislative Branch ....................................................... 20
Earmark Statement ................................................................................................. 20
Duplication of Federal Program s ............................................................................ 20
Changes to Existing Law ........................................................................................ 20
Minority Views ......................................................................................................... 46
The amendment is as follows:
19-006](ViewImageLocal?handle=hein.congrecreports/crptxadkp0001&div=1&collection=&method=preview&ext=.png&size=3)