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H.R. 1187: Corporate Governance Improvement and Investor Protection Act

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To provide for disclosure of additional material information about public companies and establish a Sustainable Finance Advisory Committee, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Juan Vargas

Sponsor. Representative for California's 51st congressional district. Democrat.

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Last Updated: Jun 17, 2021
Length: 83 pages
Feb 18, 2021
117th Congress (2021–2023)

Passed House (Senate next) on Jun 16, 2021

This bill passed in the House on June 16, 2021 and goes to the Senate next for consideration.

Other activity may have occurred on another bill with identical or similar provisions.


1 Cosponsor (1 Democrat)

2% chance of being enacted according to Skopos Labs (details)

Position statements

Statement of Administration Policy

President Joseph Biden [D]: H.R. 1187 – Corporate Governance Improvement and Investor Protection Act (Jun 14, 2021)

What legislators are saying

LaMalfa Opposes the Wokeness Report Card for Businesses
    — Rep. Doug LaMalfa [R-CA1] on Jun 17, 2021

Burgess works for more transparency
    — Rep. Michael Burgess [R-TX26] on Jun 16, 2021

RELEASE: Rep. Hill, Rep. Barr, and Rep. Huizenga Comment on SEC Chairman Genslers Mandatory Climate Risk Directive
    — Rep. French Hill [R-AR2] on Jul 28, 2021

More statements at ProPublica Represent...

What stakeholders are saying

R Street Institute estimates H.R. 1187 will add $6 million in new spending through 2026.


Feb 18, 2021

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Apr 20, 2021
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Apr 21, 2021
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Jun 7, 2021
Text Published

Updated bill text was published as of Preprint (Rule).

Jun 8, 2021
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

Jun 16, 2021
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

If this bill has further action, the following steps may occur next:
Passed Senate

Signed by the President

H.R. 1187 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number H.R. 1187. This is the one from the 117th Congress.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 1187 — 117th Congress: Corporate Governance Improvement and Investor Protection Act.” 2021. November 30, 2022 <>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from, the official portal of the United States Congress. is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.