89th Legislature, Regular Session
HB 4723
Relating to prohibiting the use of environmental, social, or governance scores; providing a civil penalty.
Introduced
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.
HTMLView source
89R1980 MLH-D By: Schofield H.B. No. 4723 A BILL TO BE ENTITLED AN ACT relating to prohibiting the use of environmental, social, or governance scores; providing a civil penalty. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subtitle A, Title 5, Business & Commerce Code, is amended by adding Chapter 75 to read as follows: CHAPTER 75. PROHIBITED USE OF CERTAIN CREDIT SCORES Sec. 75.0001. DEFINITIONS. In this chapter: (1) "Credit score" means a number or rating derived from an algorithm, computer application, model, or other process