Staff Analysis of the Legislation
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Summary of the bill as introduced: Prohibits the state or political subdivisions from offering incentives to companies that engage in the promotion of environmental, social or governance objectives. |
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H 4699 General Bill, By Magnuson, Pace, Cromer, A.M. Morgan, May, Beach, Burns, Chumley, Harris, S. Jones, Kilmartin, McCabe, T.A. Morgan, O'Neal, Oremus, Trantham, White, Guffey and Nutt
Summary: ESG restrictions A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 11-1-130 SO AS TO PROVIDE THAT THE STATE OR ANY POLITICAL SUBDIVISIONS MAY NOT OFFER INCENTIVES OR SUBSIDIES TO CERTAIN COMPANIES THAT ENGAGE IN THE PROMOTION OF ENVIRONMENTAL, SOCIAL, OR GOVERNANCE OBJECTIVES. View full text| 12/14/23 | House | Prefiled | | 12/14/23 | House | Referred to Committee on Ways and Means | | 01/09/24 | House | Introduced and read first time (House Journal-page 125) | | 01/09/24 | House | Referred to Committee on Ways and Means (House Journal-page 125) |
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