Bill
Bill > HB2752
TX HB2752
TX HB2752Relating to the authority of the Texas Department of Insurance to adopt rules that implement or are based on certain environmental, social, and governance models, ratings, or standards.
summary
Introduced
02/23/2023
02/23/2023
In Committee
04/11/2023
04/11/2023
Crossed Over
Passed
Dead
05/29/2023
05/29/2023
Introduced Session
88th Legislature Regular Session
Bill Summary
AN ACT relating to the authority of the Texas Department of Insurance to adopt rules that implement or are based on certain environmental, social, and governance models, ratings, or standards.
AI Summary
This bill amends the Insurance Code to prohibit the Texas Department of Insurance from adopting rules based on environmental, social, and governance (ESG) models, ratings, or standards, unless such adoption is expressly authorized by statute. The bill defines key terms like "environmental assessment," "social assessment," and "governance assessment," and establishes a process for challenging the adoption of rules that violate these provisions. The bill applies to proposed rules filed with the secretary of state on or after September 1, 2023, when the Act takes effect.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Committee report sent to Calendars (on 04/20/2023)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Insurance Regulation
Government Operations
- ‐ Executive Branch Operations
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HB2752 | 02/23/2023 |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/HB02752H.htm | 04/20/2023 |
| Analysis (House Committee Report) | https://capitol.texas.gov/tlodocs/88R/analysis/html/HB02752H.htm | 04/20/2023 |
| Fiscal Note (House Committee Report) | https://capitol.texas.gov/tlodocs/88R/fiscalnotes/html/HB02752H.htm | 04/20/2023 |
| Fiscal Note (Introduced) | https://capitol.texas.gov/tlodocs/88R/fiscalnotes/html/HB02752I.htm | 03/31/2023 |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/HB02752I.htm | 02/24/2023 |
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