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NY A04333
Bill
Status
2/14/2023
Primary Sponsor
Anna Kelles
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AI Summary
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Requires fashion sellers with over $100 million in annual gross receipts to conduct comprehensive environmental due diligence on their supply chains across four tiers of production, with disclosure timelines ranging from 12 months to 4 years after the bill's effective date.
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Mandates annual greenhouse gas emissions reporting and reduction targets aligned with Science Based Target initiative standards, with independent verification required at least every two years; companies over $1 billion in revenue must use absolute contraction approach for Scope Three emissions.
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Requires fashion sellers to comply with Zero Discharge of Hazardous Chemicals Program wastewater guidelines and provide corrective action plans within 30 months for significant dyeing, finishing, and garment washing suppliers.
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Establishes an Interstate Fashion Environmental Accountability Commission with representatives from participating states to coordinate implementation, develop uniform rules, and promote regulatory consistency across state lines.
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Creates a Fashion Remediation Fund to receive penalties of up to 2% of annual revenues from non-compliant fashion sellers, with funds directed toward environmental benefit and remediation projects benefiting affected workers and communities.
Legislative Description
Requires fashion sellers to be accountable to standardized environmental due diligence policies; establishes a fashion remediation fund.
Last Action
reported referred to rules
6/6/2024