Bill
Bill > HB1845
AR HB1845
AR HB1845To Amend The Law Concerning Environmental, Social Justice, Or Governance Scores; And To Clarify The Sources Of Information Used In Regulating Environmental, Social Justice, Or Governance Scores.
summary
Introduced
04/03/2023
04/03/2023
In Committee
04/06/2023
04/06/2023
Crossed Over
04/05/2023
04/05/2023
Passed
04/10/2023
04/10/2023
Dead
Signed/Enacted/Adopted
04/12/2023
04/12/2023
Introduced Session
94th General Assembly (2023 Regular)
Bill Summary
AN ACT TO AMEND THE LAW CONCERNING ENVIRONMENTAL, SOCIAL JUSTICE, OR GOVERNANCE SCORES; TO CLARIFY THE SOURCES OF INFORMATION USED IN REGULATING ENVIRONMENTAL, SOCIAL JUSTICE, OR GOVERNANCE SCORES; AND FOR OTHER PURPOSES.
AI Summary
This bill amends the law concerning environmental, social justice, or governance (ESG) scores. It clarifies the sources of information that the ESG Oversight Committee can use in regulating the inclusion of financial services providers on a list under the existing law. The bill specifies that the committee can consider a provider's certification of non-discrimination, public statements, and information published by government entities, but cannot make a determination solely based on statements or complaints by certain industries or media reports. The bill also exempts certain investments from divestment requirements under the existing law if early divestment would result in financial penalties and harm to the state.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Notification that HB1845 is now Act 760 (on 04/12/2023)
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