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James Sanders Jr.

Sponsor · State Senator, District 10 · Democratic

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Senate bill · S3697 (2025-26)

Relates to reporting of climate-related financial risk

Latest action Mar 10, 2026

Summary

Requires reporting of climate-related financial risk by certain entities; defines climate-related financial risk to mean material harm to financial outcomes of the entity due to physical and transition risks.

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Where it stands

Out of committee and scheduled for a vote by the full chamber.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

New York State Senate

Amends the Environmental Conservation Law.

Committee

Environmental Conservation · New York State Assembly

Also referred to Environmental Conservation · New York State Senate.

Purpose, from the sponsor's memo

This bill requires certain businesses to provide annual climate-related financial risk.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

  • Vote: Committee vote · Environmental Conservation

    Senate Environmental ConservationMar 10, 2026Result: passed

    (11) (0) (0) (0)
  • Vote: Committee vote · Environmental Conservation

    Senate Environmental ConservationMay 13, 2025Result: passed

    (11) (0) (0) (0)

The sponsor's argument

Why James Sanders Jr. says this is needed

To monitor climate risk to businesses in New York.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

  1. Mar 10, 2026

    Reported out of committee

    REPORTED AND COMMITTED TO FINANCE

    NY Senate

  2. Jan 7, 2026

    Referred to committee

    REFERRED TO ENVIRONMENTAL CONSERVATION

    NY Senate

  3. May 13, 2025

    Reported out of committee

    REPORTED AND COMMITTED TO FINANCE

    NY Senate

  4. May 6, 2025

    Amend (t) and Recommit to Environmental Conservation

    AMEND (T) AND RECOMMIT TO ENVIRONMENTAL CONSERVATION

    NY Senate

  5. Jan 29, 2025

    Referred to committee

    REFERRED TO ENVIRONMENTAL CONSERVATION

    NY Senate

About this record

Summary

The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.

Source

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Nov 1, 2026. About our data

Read the record

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