This bill requires large insurance companies to disclose their investments and policies related to the fossil fuel industry. The goal is to allow government agencies to better monitor financial risks to consumers, insurance companies, and the overall financial system.
Latest Action
Referred to the House Committee on Financial Services.
AI Summary
Plain-English explanation of this bill
This bill requires large insurance companies to disclose their investments and policies related to the fossil fuel industry. The goal is to allow government agencies to better monitor financial risks to consumers, insurance companies, and the overall financial system.
Last updated: 12/30/2025
Official Summary
Congressional Research Service summary
<p><strong>Polluter Portfolio Disclosure Act</strong></p><p>This bill requires certain insurance companies to annually disclose investments in, and insurance policies relating to, fossil fuel extraction. Specifically, insurance companies that annually collect premiums of at least $100 million must report this information to Congress, the Office of Financial Research, the Financial Stability Oversight Counsel, and the Federal Insurance Office.</p><p>The Office of Financial Research, the Financial Stability Oversight Counsel, and the Federal Insurance Office must use this information to enhance monitoring of financial risks to consumers, individual insurance companies, and the financial system. </p>
Key Points
Main provisions of the bill
Insurance companies that collect at least $100 million in annual premiums must report their fossil fuel investments and policies to Congress and federal financial agencies.
The information is meant to help the government track financial risks posed by the insurance industry's ties to the fossil fuel sector.
The bill aims to increase transparency around the insurance industry's role in supporting fossil fuel extraction.
How This Impacts Americans
Potential effects on citizens and communities
If this bill becomes law, major insurance companies would be required to disclose details about their investments and policies related to fossil fuels. This could shed light on the insurance industry's role in funding and supporting the extraction of oil, gas, and coal. The goal is to allow policymakers and regulators to better assess and mitigate any financial risks posed by the insurance industry's ties to the fossil fuel sector.
Policy Areas
Primary Policy Area
Finance and Financial Sector
Scope & Jurisdiction
Jurisdiction Level
federal
Congressional Session
119th Congress
Citation Reference
4888, 119th Congress (2025). "Reproductive Rights are Human Rights Act of 2025". Source: Voter's Right Platform. https://votersright.org/bills/118-hr-4888
