PlainBillCongress, translated.Legislation. Context. Public interest.Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congressional Research Service
Version 53 · Passed House · Jun 16, 2021
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;
Showing the opening paragraphs of the official summary.
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.
People & committees
Rep. Vargas, Juan [D-CA-51] · D–CA
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 215 - 214 (Roll no. 169).
House roll call 169 · Individual votesPassed/agreed to in House: On passage Passed by the Yeas and Nays: 215 - 214 (Roll no. 169).
House roll call 169 · Individual votesOn motion to recommit Failed by the Yeas and Nays: 207 - 218 (Roll no. 168).
House roll call 168 · Individual votesThe previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
Mr. Barr moved to recommit to the Committee on Financial Services. (text: CR H2862)
The previous question was ordered pursuant to the rule.
Motion to reconsider laid on the table. Agreed to without objection.
Motion to reconsider laid on the table. Agreed to without objection.
Motion to reconsider laid on the table. Agreed to without objection.
Motion to reconsider laid on the table. Agreed to without objection.
UNFINISHED BUSINESS - The Chair announced that the unfinished business was on agreeing to amendments which were debated earlier and on which previous questions were postponed.
Considered as unfinished business. (consideration: CR H2859-2863)
Pursuant to clause 1(c) of rule XIX, the House resumed consideration of H.R. 1187.
POSTPONED PROCEEDINGS - Pursuant to clause 1(c) of rule XIX further proceedings on H.R. 1187 were postponed.
DEBATE - Pursuant to the provisions of H. Res. 473, the House proceeded with 10 minutes of debate on the Plaskett amendment No. 10.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Schrier amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Ms. Waters demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 473, the House proceeded with 10 minutes of debate on the Schrier amendment No. 8.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Hill amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Hill demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 473, the House proceeded with 10 minutes of debate on the Hill amendment No. 4.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment en bloc, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Waters demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 473, the House proceeded with 20 minutes of debate on the Waters amendment en bloc No. 1.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Burgess amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Burgess demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
DEBATE - Pursuant to the provisions of H. Res. 473, the House proceeded with 10 minutes of debate on the Burgess amendment No. 1.
DEBATE - The House proceeded with one hour of debate on H.R. 1187.
Resolution provides for consideration of H.R. 256 under a closed rule and provides for consideration of H.R. 1187 under a structured rule. The resolution provides for one hour of debate for each bill and for one motion to recommit for each bill. The resolution provides that H. Res. 467 is adopted.
Considered under the provisions of rule H. Res. 473. (consideration: CR H2830-2855; text: CR H2830-2834)
Rule H. Res. 473 passed House.
Rules Committee Resolution H. Res. 473 Reported to House. Resolution provides for consideration of H.R. 256 under a closed rule and provides for consideration of H.R. 1187 under a structured rule. The resolution provides for one hour of debate for each bill and for one motion to recommit for each bill. The resolution provides that H. Res. 467 is adopted.
Placed on the Union Calendar, Calendar No. 37.
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-54.
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-54.
Ordered to be Reported (Amended) by the Yeas and Nays: 28 - 22.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
Text links open the official source. We currently store references to these documents.
Source last updated: May 28, 2025. Consult Congress.gov for the current record.
AI Conversation Starters
Choose a perspective, copy a prompt, and paste it into your preferred AI. Each prompt includes the bill version and available official source links, and asks for counterarguments as well as supporting evidence.
Analyze H.R.1187 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
Examine H.R.1187 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
Examine H.R.1187 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.
Examine H.R.1187 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.