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CA SB154
Bill
Status
3/20/2025
Primary Sponsor
Budget and Fiscal Review
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AI Summary
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Exempts regulations adopted by the State Air Resources Board under the Climate Corporate Data Accountability Act (requiring businesses with over $1 billion in annual revenue to disclose scope 1, 2, and 3 greenhouse gas emissions) from the California Environmental Quality Act (CEQA)
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Exempts regulations requiring covered entities (businesses with over $500 million in annual revenue) to prepare and publish biennial climate-related financial risk reports from CEQA
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Appropriates $1,000 from the Greenhouse Gas Reduction Fund to the State Air Resources Board for fiscal year 2025-26 to implement the climate corporate accountability and climate-related financial risk disclosure requirements
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Takes effect immediately as a budget-related bill under the California Constitution
Legislative Description
Greenhouse gases: climate corporate accountability: climate-related financial risk: regulations: California Environmental Quality Act exemption.
Last Action
Re-referred to Com. on BUDGET pursuant to Assembly Rule 97.
9/13/2025