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Government and Corporate Activism (HB 3)

Score:

31

%

Florida

2023

Latest Action:

Updated:

Chamber:

This bill prevents state and local government pension plans and retirement funds from using environmental, social, and governance (ESG) scores to determine investments. Subjects financial institutions such as banks, credit unions, and finance lenders to administrative sanctions if they use ESG scores for private investments. Prohibits the division of bond finance from issuing bonds based on ESG, or contracting with rating agencies that use ESG scores in the issuing of bond ratings.

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