Bill
Bill > HB1307
AR HB1307
AR HB1307Concerning The Regulation Of Environmental, Social Justice, Or Governance Scores; And To Authorize The Treasurer Of State To Divest Certain Investments Or Obligations Due To Certain Factors.
summary
Introduced
01/26/2023
01/26/2023
In Committee
03/15/2023
03/15/2023
Crossed Over
02/16/2023
02/16/2023
Passed
03/28/2023
03/28/2023
Dead
Signed/Enacted/Adopted
03/30/2023
03/30/2023
Introduced Session
94th General Assembly (2023 Regular)
Bill Summary
AN ACT CONCERNING THE REGULATION OF ENVIRONMENTAL, SOCIAL JUSTICE, OR GOVERNANCE SCORES; TO AUTHORIZE THE TREASURER OF STATE TO DIVEST CERTAIN INVESTMENTS OR OBLIGATIONS DUE TO THE USE OF ENVIRONMENTAL, SOCIAL JUSTICE, OR GOVERNANCE-RELATED METRICS; AND FOR OTHER PURPOSES.
AI Summary
This bill aims to regulate the use of environmental, social justice, or governance (ESG) scores by financial services providers in Arkansas. It authorizes the state Treasurer to maintain a list of financial services providers that discriminate against energy, fossil fuel, firearms, or ammunition companies based on ESG factors. The bill requires the state and local governments to divest from financial services providers on this list within a specified timeframe. It also prohibits public entities from investing in these listed providers. The bill creates an ESG Oversight Committee to determine which financial services providers should be included on the list.
Committee Categories
Government Affairs
Sponsors (86)
Ricky Hill (R)*,
Jeff Wardlaw (R)*,
Brandon Achor (R),
Wade Andrews (R),
Sonia Barker (R),
Howard Beaty (R),
Mary Bentley (R),
Mark Berry (R),
Stan Berry (R),
Justin Boyd (R),
Harlan Breaux (R),
Jill Bryant (R),
Ron Caldwell (R),
Joey Carr (R),
Fran Cavenaugh (R),
Bruce Cozart (R),
Cindy Crawford (R),
Steve Crowell (R),
Carol Dalby (R),
Breanne Davis (R),
Tyler Dees (R),
Jim Dotson (R),
Matt Duffield (R),
Les Eaves (R),
Jon Eubanks (R),
Brian Evans (R),
Charlene Fite (R),
Lanny Fite (R),
Scott Flippo (R),
Jack Fortner (R),
Jimmy Gazaway (R),
Ben Gilmore (R),
Justin Gonzales (R),
Zack Gramlich (R),
Kim Hammer (R),
R.J. Hawk (R),
Bart Hester (R),
De Hodges (R),
Grant Hodges (R),
Mike Holcomb (R),
Steve Hollowell (R),
Missy Irvin (R),
Lane Jean (R),
Blake Johnson (R),
Lee Johnson (R),
Mark Johnson (R),
Jack Ladyman (R),
Wayne Long (R),
Robin Lundstrum (R),
John Maddox (R),
Julie Mayberry (R),
Mindy McAlindon (R),
Rick McClure (R),
Richard McGrew (R),
Matt McKee (R),
Brit McKenzie (R),
Ron McNair (R),
Stephen Meeks (R),
Jon Milligan (R),
Jeremiah Moore (R),
Stetson Painter (R),
John Payton (R),
Shad Pearce (R),
Clint Penzo (R),
Jim Petty (R),
Chad Puryear (R),
Terry Rice (R),
Marcus Richmond (R),
Johnny Rye (R),
Bart Schulz (R),
Matthew Shepherd (R),
Trey Steimel (R),
Matt Stone (R),
Gary Stubblefield (R),
Dan Sullivan (R),
Dwight Tosh (R),
Kendon Underwood (R),
Steve Unger (R),
DeAnn Vaught (R),
Steven Walker (R),
Dave Wallace (R),
Les Warren (R),
Danny Watson (R),
Carlton Wing (R),
Jeremy Wooldridge (R),
Jim Wooten (R),
Last Action
Notification that HB1307 is now Act 411 (on 03/30/2023)
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