HB4888: Polluter Portfolio Disclosure Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To require certain insurance companies to disclose investments and underwriting that relate to coal mining and oil and gas extraction and fossil fuel extraction, and for other purposes.
Plain-language summary
This bill would require certain insurance companies to publicly disclose their investments and insurance underwriting related to coal mining, oil and gas extraction, and other fossil fuel activities. The disclosure requirement applies to large insurance companies that meet certain financial thresholds. Insurance companies would need to report what money they have invested in these industries and what insurance policies they have written for fossil fuel companies. The bill is currently in the introduced stage, meaning it has been submitted to Congress but not yet assigned to a for review.
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HB4888: Polluter Portfolio Disclosure Act
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Sponsors
Adam Schiff
Primary SponsorCo-sponsors (7)
Rashida Tlaib
Kathy Castor
Seth Magaziner
Barbara Lee
Jared Huffman