HB 25-1119: Require Disclosures of Climate Emissions

Summary

The bill requires each entity that does business in Colorado and has total revenues exceeding $1 billion in the preceding calendar year (reporting entity) to publicly disclose its total greenhouse gas emissions during the preceding calendar year. For scope 1 and scope 2 emissions, the reporting requirements begin January 1, 2028. For scope 3 emissions, the initial reporting requirements begin January 1, 2029, and are updated on January 1 each year thereafter. A reporting entity must have each of its disclosures independently verified by a third-party auditor. A district attorney or the attorney general may bring a civil action against a reporting entity for failing to comply with the disclosure requirements. A court may require a noncompliant reporting entity to pay a civil penalty in an amount not to exceed $100,000 for each day of noncompliance. (Note: This summary applies to this bill as introduced.)

Latest recorded action

House Committee on Energy & Environment Postpone Indefinitely

Feb 27, 2025

This is the latest action supplied by the source, not the full legislative history.

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