Keith Paul Bishop has the details:
The California legislature will also be mulling the enactment of another bill that would require the filing of climate-related financial risk reports with the Department of Financial Protection & Innovation. This bill, SB 449 (Stern), would apply to banks, corporations, credit unions, finance lenders, insurers, investment advisors, real estate investment trusts, and mortgage lenders, in each case as defined. ...
The bill is remarkable for its sloppy drafting.
Keith then proceeds to detail the awful drafting at length.