Texas HB3922 prohibits businesses from assigning environmental, social, or governance scores to individuals or families residing in the state.

Texas HB3922 amends the Business & Commerce Code to add a new chapter prohibiting the use of environmental, social, or governance scores by businesses operating in the state. These scores, which measure a customer's exposure to long-term environmental, social, and governance risks, cannot be assigned to individuals or families residing in Texas. Violations of this prohibition result in the offending business being barred from conducting business in the state. The Act takes effect on September 1, 2025.

Texas HB3922 prohibits businesses from assigning environmental, social, or governance scores to individuals or families residing in the state.

Texas HB3922 amends the Business & Commerce Code to add a new chapter prohibiting the use of environmental, social, or governance scores by businesses operating in the state. These scores, which measure a customer's exposure to long-term environmental, social, and governance risks, cannot be assigned to individuals or families residing in Texas. Violations of this prohibition result in the offending business being barred from conducting business in the state. The Act takes effect on September 1, 2025.