CaliforniaGreenhouse gases: climate corporate accountability: climate-related financial risk: regulations: California Environmental Quality Act exemption.
What it does
(1) The California Environmental Quality Act (CEQA) requires a lead agency, as defined, to prepare, or cause to be prepared, and certify the completion of an environmental impact report (EIR) on a project that it proposes to carry out or approve that may have a significant effect on the environment or to adopt a negative declaration if it finds that the project will not have that effect. CEQA also requires a lead agency to prepare a mitigated negative declaration for a project that may have a significant effect on the environment if revisions in the project would avoid or mitigate that effect and there is no substantial evidence that the project, as revised, would have a significant effect on the environment.
More detail
Existing law, the Climate Corporate Data Accountability Act, requires, on or before July 1, 2025, the State Air Resources Board to develop and adopt regulations to require a reporting entity, defined to mean a corporation, partnership, limited liability company, or other business entity with total annual revenues in excess of $1 billion, as specified, to annually disclose to the emissions reporting organization, as defined, or the state board all of the reporting entity's scope 1 emissions, scope 2 emissions, and scope 3 emissions, as defined. Existing law requires the state board to adopt regulations that authorize it to seek administrative penalties for nonfiling, late filing, or other failure to meet the requirements of the act, as provided.
This bill would exempt those regulations from CEQA.
Existing law requires, on or before January 1, 2026, and biennially thereafter, a covered entity, defined to mean a corporation, partnership, limited liability company, or other business entity with total annual revenues in excess of $500,000,000, as specified, to prepare a climate-related financial risk report, as specified, and to make this report available to the public on its own internet website. Existing law requires the state board to adopt regulations that authorize it to seek administrative penalties from a covered entity that fails to make the report publicly available on its internet website or publishes an inadequate or insufficient report.
This bill would exempt those regulations from CEQA.
(2) This bill would appropriate from the Greenhouse Gas Reduction Fund $1,000 to the State Air Resources Board for purposes of implementing the above-described provisions relating to climate corporate accountability and climate-related financial risk, as provided.
(3) This bill would declare that it is to take effect immediately as a bill providing for appropriations related to the Budget Bill.
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Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Oct 11Chaptered by Secretary of State - Chapter 609, Statutes of 2025.Latest
- Oct 11Approved by the Governor Gavin Newsom.Became Law
- Sep 24Enrolled and presented to the Governor at 3 p.m.To Governor
- Sep 13
- Vote recorded AB 154 BUDGET Concurrence in Senate Amendments By GABRIEL. Result: pass.Lower
- Sep 12Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 71. Noes 1. Page 3430.).Major
- Vote recorded 3rd Reading AB154 BUDGET (Gabriel) By Wiener. Result: pass.Upper
- Sep 12Assembly Rule 63 suspended. (Page 3429.)
- Sep 12In Assembly. Concurrence in Senate amendments pending.
- Sep 12Read third time. Passed. Ordered to the Assembly. (Ayes 29. Noes 0. Page 2949.).Passed Senate
- Sep 11Read second time. Ordered to third reading.Minor
- Sep 10From committee: Do pass. (Ayes 13. Noes 0.) (September 10).Minor
- Vote recorded Do pass. Result: pass.Upper
- Sep 8From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F. R.Major
- Sep 8Senate Rule 29.3(b) suspended. (Ayes 28. Noes 8. Page 2568.)
- Apr 2Referred to Com. on B. & F. R.Minor
- Mar 20In Senate. Read first time. To Com. on RLS. for assignment.Minor
- Vote recorded AB 154 Gabriel Assembly Third Reading. Result: pass.Lower
- Mar 20Read third time. Passed. Ordered to the Senate. (Ayes 53. Noes 17. Page 740.)Passed Assembly
- Mar 18Read second time. Ordered to third reading.Minor
- Mar 17(Ayes 53. Noes 17. Page 643.)
- Mar 17Ordered to second reading.Minor
- Mar 17Withdrawn from committee.Major
- Feb 3Referred to Com. on BUDGET.Minor
- Jan 9From printer. May be heard in committee February 8.
- Jan 8Read first time. To print.Introduced