117th Congress (2021–2023) · House bill · Sponsor: Rep. Vargas, Juan [D-CA-51]
This page covers HR1187 in the 117th Congress. Bill numbers start over every Congress, so HR1187 in another Congress is a different bill.
| Item | Detail |
|---|---|
| Roll-call votes | 2 |
| Chamber | House |
| Latest vote | 2021-06-16: Passed |
| Latest action | 2021-06-17: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Policy area | Finance and Financial Sector |
| Official record | Congress.gov |
Corporate Governance Improvement and Investor Protection Act This bill requires publicly traded companies to periodically disclose information related to environmental, social, and governance performance metrics; expenditures for certain political activities; compensation information regarding executive officers and employees; climate change-related risks, including direct and indirect greenhouse gas emissions and fossil fuel-related assets; tax jurisdiction, income, and assets of constituent entities on a country-by-country basis; workforce management policies, practices, and performance; incidents of workplace harassment and retaliation; cybersecurity; the demographic composition of the board of directors and executive officers; and manufacturing activity in China's Xinjiang Uyghur Autonomous Region. The bill also establishes the Sustainable Finance Advisory Committee that must, among other duties, recommend to the Securities and Exchange Commission (SEC) policies to facilitate the flow of capital toward environmentally sustainable investments. The SEC must report on the viability and occurrence of shareholder collective action, particularly regarding employment, environmental, social, and governance issues. The SEC must also report on compliance issues small businesses face with respect to disclosure requirements related to environmental, social, and governance performance metrics.
Subjects: Administrative law and regulatory procedures, Administrative remedies, Advisory bodies, Air quality, Alternative and renewable resources, Asia, Assault and harassment offenses, Atmospheric science and weather, Business ethics, Business investment and capital
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2021-06-16 | House | Yea-and-Nay | Passed | 143 | 147 | 2 | Official tally |
| 2021-06-16 | House | Yea-and-Nay | Failed | 142 | 145 | 4 | Official tally |
HR1187 (Corporate Governance Improvement and Investor Protection Act) was introduced in the 117th Congress (2021–2023) by Rep. Vargas, Juan [D-CA-51].
On 2021-06-17: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2 recorded votes in the 117th Congress. The most recent, on 2021-06-16, was "Yea-and-Nay": Passed.