Assembly Bill A4123B

2023-2024 Legislative Session

Establishes the climate corporate data accountability act

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

co-Sponsors

2023-A4123 - Details

See Senate Version of this Bill:
S897
Current Committee:
Assembly Environmental Conservation
Law Section:
Environmental Conservation Law
Laws Affected:
Add Art 74 §§74-0101 & 74-0102, En Con L; add §99-ss, St Fin L

2023-A4123 - Summary

Establishes the climate corporate data accountability act requiring certain business entities within the state to annually disclose scope 1, scope 2 and scope 3 emissions; establishes the climate accountability and emissions disclosure fund.

2023-A4123 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4123
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 9, 2023
                                ___________
 
 Introduced  by M. of A. GLICK -- read once and referred to the Committee
   on Environmental Conservation
 
 AN ACT to amend the  environmental  conservation  law,  in  relation  to
   climate corporate accountability
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. This act shall be known and may be cited  as  the  "climate
 corporate accountability act".
   §  2.  The  environmental  conservation law is amended by adding a new
 section 75-0118 to read as follows:
 § 75-0118. CLIMATE CORPORATE ACCOUNTABILITY ACT.
   1. DEFINITIONS. AS USED IN THIS SECTION,  THE  FOLLOWING  TERMS  SHALL
 HAVE THE FOLLOWING MEANINGS:
   A.  "EMISSIONS  REGISTRY"  MEANS  AN ENTITY WITHIN THE DEPARTMENT OR A
 NONPROFIT EMISSIONS REGISTRY ORGANIZATION CONTRACTED BY  THE  DEPARTMENT
 PURSUANT TO PARAGRAPH B OF THIS SUBDIVISION THAT:
   I.  CURRENTLY  OPERATES  A VOLUNTARY GREENHOUSE GAS EMISSIONS REGISTRY
 FOR ORGANIZATIONS OPERATING IN THE UNITED STATES; OR
   II. HAS EXPERIENCE WITH VOLUNTARY GREENHOUSE GAS EMISSIONS  DISCLOSURE
 BY ENTITIES OPERATING IN NEW YORK.
   B.  "REPORTING  ENTITY" MEANS A BUSINESS ENTITY WITH TOTAL REVENUES IN
 EXCESS OF ONE BILLION DOLLARS IN THE PRECEDING CALENDAR YEAR,  INCLUDING
 REVENUES  RECEIVED  BY  ALL THE BUSINESS ENTITY'S SUBSIDIARIES THAT DOES
 BUSINESS IN THIS STATE.
   C. "SCOPE ONE EMISSIONS" MEANS ALL  DIRECT  GREENHOUSE  GAS  EMISSIONS
 THAT  STEM  FROM  SOURCES  THAT  A  REPORTING  ENTITY  OWNS  OR DIRECTLY
 CONTROLS, REGARDLESS OF LOCATION, INCLUDING, BUT NOT  LIMITED  TO,  FUEL
 COMBUSTION ACTIVITIES.
   D.  "SCOPE TWO EMISSIONS" MEANS INDIRECT GREENHOUSE GAS EMISSIONS FROM
 ELECTRICITY PURCHASED AND USED BY  A  REPORTING  ENTITY,  REGARDLESS  OF
 LOCATION.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03661-01-3
              

co-Sponsors

2023-A4123A - Details

See Senate Version of this Bill:
S897
Current Committee:
Assembly Environmental Conservation
Law Section:
Environmental Conservation Law
Laws Affected:
Add Art 74 §§74-0101 & 74-0102, En Con L; add §99-ss, St Fin L

2023-A4123A - Summary

Establishes the climate corporate data accountability act requiring certain business entities within the state to annually disclose scope 1, scope 2 and scope 3 emissions; establishes the climate accountability and emissions disclosure fund.

2023-A4123A - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4123--A
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 9, 2023
                                ___________
 
 Introduced  by  M.  of  A.  GLICK,  CUNNINGHAM,  KELLES -- read once and
   referred to the Committee on Environmental Conservation  --  committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee
 
 AN  ACT  to  amend  the  environmental  conservation law, in relation to
   climate corporate accountability

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  This  act shall be known and may be cited as the "climate
 corporate accountability act".
   § 2. The environmental conservation law is amended  by  adding  a  new
 section 75-0121 to read as follows:
 § 75-0121. CLIMATE CORPORATE ACCOUNTABILITY ACT.
   1.  DEFINITIONS.  AS  USED  IN THIS SECTION, THE FOLLOWING TERMS SHALL
 HAVE THE FOLLOWING MEANINGS:
   A. "EMISSIONS REGISTRY" MEANS AN ENTITY WITHIN  THE  DEPARTMENT  OR  A
 NONPROFIT  EMISSIONS  REGISTRY ORGANIZATION CONTRACTED BY THE DEPARTMENT
 PURSUANT TO PARAGRAPH B OF THIS SUBDIVISION THAT:
   I. CURRENTLY OPERATES A VOLUNTARY GREENHOUSE  GAS  EMISSIONS  REGISTRY
 FOR ORGANIZATIONS OPERATING IN THE UNITED STATES; OR
   II.  HAS EXPERIENCE WITH VOLUNTARY GREENHOUSE GAS EMISSIONS DISCLOSURE
 BY ENTITIES OPERATING IN NEW YORK.
   B. "REPORTING ENTITY" MEANS A BUSINESS ENTITY WITH TOTAL  REVENUES  IN
 EXCESS  OF ONE BILLION DOLLARS IN THE PRECEDING CALENDAR YEAR, INCLUDING
 REVENUES RECEIVED BY ALL THE BUSINESS ENTITY'S  SUBSIDIARIES  THAT  DOES
 BUSINESS IN THIS STATE.
   C.  "SCOPE  ONE  EMISSIONS"  MEANS ALL DIRECT GREENHOUSE GAS EMISSIONS
 THAT STEM  FROM  SOURCES  THAT  A  REPORTING  ENTITY  OWNS  OR  DIRECTLY
 CONTROLS,  REGARDLESS  OF  LOCATION, INCLUDING, BUT NOT LIMITED TO, FUEL
 COMBUSTION ACTIVITIES.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03661-03-3
 A. 4123--A                          2
              

co-Sponsors

2023-A4123B (ACTIVE) - Details

See Senate Version of this Bill:
S897
Current Committee:
Assembly Environmental Conservation
Law Section:
Environmental Conservation Law
Laws Affected:
Add Art 74 §§74-0101 & 74-0102, En Con L; add §99-ss, St Fin L

2023-A4123B (ACTIVE) - Summary

Establishes the climate corporate data accountability act requiring certain business entities within the state to annually disclose scope 1, scope 2 and scope 3 emissions; establishes the climate accountability and emissions disclosure fund.

2023-A4123B (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4123--B
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 9, 2023
                                ___________
 
 Introduced  by  M.  of  A.  GLICK, CUNNINGHAM, KELLES, LEVENBERG, SIMON,
   COLTON, PAULIN, SIMONE, K. BROWN, STECK -- read once and  referred  to
   the  Committee  on Environmental Conservation -- committee discharged,
   bill amended, ordered reprinted as amended  and  recommitted  to  said
   committee  --  recommitted to the Committee on Environmental Conserva-
   tion  in  accordance  with  Assembly  Rule  3,  sec.  2  --  committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee
 
 AN ACT to amend the  environmental  conservation  law,  in  relation  to
   climate  corporate data accountability; and to amend the state finance
   law, in relation to establishing the climate accountability and  emis-
   sions disclosure fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act shall be known and may be cited  as  the  "climate
 corporate data accountability act".
   §  2.  The  environmental  conservation law is amended by adding a new
 article 74 to read as follows:
                                ARTICLE 74
                 CLIMATE CORPORATE DATA ACCOUNTABILITY ACT
 SECTION 74-0101. DEFINITIONS.
         74-0102. CLIMATE CORPORATE DATA ACCOUNTABILITY ACT.
 § 74-0101. DEFINITIONS.
   AS USED IN THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE  FOLLOWING
 MEANINGS:
   1.  "EMISSIONS  REPORTING  ORGANIZATION"  MEANS  A NONPROFIT EMISSIONS
 REPORTING ORGANIZATION CONTRACTED BY THE DEPARTMENT  PURSUANT  TO  PARA-
 GRAPH B OF SUBDIVISION TWO OF SECTION 74-0102 OF THIS ARTICLE THAT BOTH:
   A.  CURRENTLY  OPERATES A GREENHOUSE GAS EMISSIONS REPORTING ORGANIZA-
 TION FOR ORGANIZATIONS OPERATING IN THE UNITED STATES; AND
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03661-07-4
 A. 4123--B                          2
              

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