Minnesota SF851 prohibits investment in companies boycotting mining, energy, agriculture, or lumber, and bans discrimination based on social credit.
Minnesota SF851, the Stop Environmental Social Governance (ESG) and Social Credit Score Discrimination Act, mandates the State Board of Investment to divest from companies boycotting mining, energy production, agriculture, or lumber by July 1, 2030. It prohibits state agencies from contracting with such companies. The bill also bans financial institutions from discriminating against individuals based on political affiliation or social credit scores, with civil penalties for violations.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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