Prohibits preferential treatment or discrimination based on ESG scores in state contracts.
Establishes a list of financial institutions engaged in boycotts, maintained by the state treasurer. The list is used to determine eligibility for banking contracts with the state. Financial institutions on the list are ineligible for such contracts unless they demonstrate cessation of boycott activities. The list is publicly posted and updated annually. The bill also prohibits state entities from giving preferential treatment or discrimination based on environmental, social, and governance scores in procurement processes.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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