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TX SB13

TX SB13
Relating to state contracts with and investments in certain companies that boycott energy companies.

summary

Introduced
03/11/2021
In Committee
04/29/2021
Crossed Over
04/15/2021
Passed
05/29/2021
Dead
Signed/Enacted/Adopted
06/14/2021

Introduced Session

87th Legislature Regular Session

Bill Summary

Relating to state contracts with and investments in certain companies that boycott energy companies.

AI Summary

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.

Committee Categories

Agriculture and Natural Resources, Government Affairs

Sponsors (12)

Last Action

Effective on 9/1/21 (on 06/14/2021)
(1 Companion Bills)

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bill summary

Document Type Source Location
State Bill Page https://capitol.texas.gov/BillLookup/History.aspx?LegSess=87R&Bill=SB13
Analysis (Enrolled) https://capitol.texas.gov/tlodocs/87R/analysis/html/SB00013F.htm
BillText https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00013F.htm
Bill https://capitol.texas.gov/tlodocs/87R/billtext/pdf/SB00013F.pdf
Fiscal Note (Enrolled) https://capitol.texas.gov/tlodocs/87R/fiscalnotes/html/SB00013F.htm
House Amendment (H 2) 1-King, Phil https://capitol.texas.gov/tlodocs/87R/amendments/html/SB00013H21.HTM
BillText https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00013H.htm
Bill https://capitol.texas.gov/tlodocs/87R/billtext/pdf/SB00013H.pdf
Analysis (House Committee Report) https://capitol.texas.gov/tlodocs/87R/analysis/html/SB00013H.htm
Fiscal Note (Engrossed) https://capitol.texas.gov/tlodocs/87R/fiscalnotes/html/SB00013E.htm
Senate Amendment (S 2) F1-Birdwell https://capitol.texas.gov/tlodocs/87R/amendments/html/SB00013S2F1.HTM
BillText https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00013E.htm
Bill https://capitol.texas.gov/tlodocs/87R/billtext/pdf/SB00013E.pdf
BillText https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00013S.htm
Bill https://capitol.texas.gov/tlodocs/87R/billtext/pdf/SB00013S.pdf
Fiscal Note (Senate Committee Report) https://capitol.texas.gov/tlodocs/87R/fiscalnotes/html/SB00013S.htm
Analysis (Senate Committee Report) https://capitol.texas.gov/tlodocs/87R/analysis/html/SB00013S.htm
Fiscal Note (Introduced) https://capitol.texas.gov/tlodocs/87R/fiscalnotes/html/SB00013I.htm
Analysis (Introduced) https://capitol.texas.gov/tlodocs/87R/analysis/html/SB00013I.htm
BillText https://capitol.texas.gov/tlodocs/87R/billtext/html/SB00013I.htm
Bill https://capitol.texas.gov/tlodocs/87R/billtext/pdf/SB00013I.pdf
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