Bill > SB13

This bill prohibits state government entities from investing in or contracting with financial companies that "boycott energy companies," defined as companies that refuse to do business with other companies engaged in the fossil fuel energy industry. The bill requires the state comptroller to maintain a list of such financial companies, and state entities must divest from and avoid future investments in these listed companies. The bill also requires state contracts over $100,000 to include a written verification that the company does not boycott energy companies. The bill provides indemnification and legal protections for state entities and employees acting in compliance with the law.