CARB approves initial implementing regulation package for SB 253/SB 261 (includes SB 261 program administration/fees context while enforcement remains enjoined)

CARB approved/adopted the initial implementing regulation package for California’s corporate climate disclosure laws (SB 253/SB 261). The board materials and CARB news release indicate the initial regulation establishes administrative program elements (including fee-related administration/implementation concepts and related definitions) and acknowledges SB 261 reporting remains voluntary because CARB is not enforcing Health & Safety Code §38533 while a Ninth Circuit injunction is in place. Compliance teams should track the adopted implementing regulation package because it operationalizes CARB’s program administration and may affect covered-entity readiness and budgeting (fees), even though SB 261 enforcement is paused.