SB 260

  • California Senate Bill
  • 2021-2022 Regular Session
  • Introduced in Senate Jan 26, 2021
  • Senate
  • Assembly
  • Governor

Climate Corporate Accountability Act.

Abstract

The California Global Warming Solutions Act of 2006 requires the State Air Resources Board to adopt regulations to require the reporting and verification of statewide greenhouse gas emissions and to monitor and enforce compliance with the act. The act requires the state board to make available, and update at least annually, on its internet website the emissions of greenhouse gases, criteria pollutants, and toxic air contaminants for each facility that reports to the state board, as provided. This bill would require the state board, on or before January 1, 2023, to develop and adopt regulations requiring United States-based partnerships, corporations, limited liability companies, and other business entities with total annual revenues in excess of $1,000,000,000 and that do business in California, defined as "reporting entities," to publicly disclose, starting in 2024 on a date to be determined by the state board, and annually thereafter, their greenhouse gas emissions, categorized as scope 1, 2, and 3 emissions, as defined, from the prior calendar year. The bill would require reporting entities to disclose their greenhouse gas emissions in a manner that is easily understandable and accessible to residents of the state. The bill would require reporting entities to ensure that their public disclosures have been independently verified by a third-party auditor, approved by the state board, with expertise in greenhouse gas emissions accounting. The bill would require the state board, in developing these regulations, to consult with a panel of experts to determine standards and protocols to ensure that public disclosures are made in a manner that is easily understandable and accessible to state residents and for the state board to utilize to collect data for all scope 1, 2, and 3 emissions by reporting entities. The bill would require the state board to adopt regulations relating to the enforcement of the above requirements, including the imposition of administrative civil penalties for a violation. This bill would require the state board, on or before July 1, 2025, to prepare a report on the greenhouse gas emissions of reporting entities that includes, among other specified topics, a best reasonable estimate of the required annual aggregated greenhouse gas emissions levels of reporting entities that would be necessary to maintain global temperatures within 1.5 degrees Celsius of preindustrial levels. The bill would require the state board to create a digital platform that will house all reports prepared by the state board and submitted by reporting entities pursuant to these requirements.

Bill Sponsors (12)

Votes


Actions


May 07, 2021

Senate

Set for hearing May 17.

Apr 28, 2021

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 8. Noes 2.) (April 27). Re-referred to Com. on APPR.

  • Committee-Passage
  • Committee-Passage-Favorable
  • Referral-Committee
Com. on APPR.

Apr 19, 2021

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on JUD.

Apr 14, 2021

Senate

Set for hearing April 27.

Apr 13, 2021

Senate

Read second time and amended. Re-referred to Com. on JUD.

  • Amendment-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on JUD.

Apr 12, 2021

Senate

From committee: Do pass as amended and re-refer to Com. on JUD. (Ayes 4. Noes 2.) (April 12).

Apr 05, 2021

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on E.Q.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on E.Q.

Mar 18, 2021

Senate

Set for hearing April 12.

Feb 22, 2021

Senate

Joint Rule 55 suspended. (Ayes 32. Noes 4. Page 272.)

Senate

(Ayes 32. Noes 4.)

Senate

Art. IV. Sec. 8(a) of the Constitution dispensed with.

Feb 03, 2021

Senate

Referred to Coms. on EQ. and JUD.

  • Referral-Committee
Coms. on EQ. and JUD.

Jan 27, 2021

Senate

From printer. May be acted upon on or after February 26.

Jan 26, 2021

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB260 HTML
01/26/21 - Introduced PDF
04/05/21 - Amended Senate PDF
04/13/21 - Amended Senate PDF
04/19/21 - Amended Senate PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated nightly from the official website of the California State Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.