AB 154: Greenhouse gases: climate corporate accountability: climate-related financial risk: regulations: California Environmental Quality Act exemption.

The bill aims to exempt certain regulations from the California Environmental Quality Act (CEQA) and the Climate Corporate Data Accountability Act. It would exempt regulations requiring a reporting entity to disclose greenhouse gas emissions and regulations mandating climate-related financial risk reports. These regulations would have applied to companies with annual revenues exceeding $1 billion and $500 million, respectively. The bill would also provide funding to the state air resources board to implement these provisions. The bill is intended to take effect immediately as a budget-related appropriation.