Missouri 2023 Regular Session

Missouri House Bill HB770

Introduced
1/11/23  
Refer
1/19/23  
Report Pass
3/27/23  
Refer
4/3/23  

Caption

Prohibits use of environmental, social justice, or governance scores or metrics

Impact

If passed, HB 770 would reshape the regulatory landscape by preventing state agencies from adopting policies or practices that could evaluate or judge businesses based on social or environmental governance scores. This restriction could have significant implications for businesses that operate in sectors where such factors are increasingly being used to determine eligibility for contracts, funding, or permits. The bill could effectively shield businesses from what some proponents consider arbitrary assessments based on social values.

Summary

House Bill 770 aims to restrict the actions of state agencies in relation to environmental, social justice, or governance metrics, specifically prohibiting the use of social credit scores. This bill is focused on ensuring that no state agency can share or publish information, adopt laws, or enforce rules based on such metrics which could limit industries, including agriculture, from offering their products or services. This legislative move reflects a concern over the influence of social credit systems in state policy-making.

Sentiment

The sentiment surrounding HB 770 appears to be mixed, with supporters advocating for the bill as a shield against overreach by state agencies into private business practices. Proponents argue that it protects businesses from intrusive regulations that could arise from social credit systems. Conversely, critics may view the bill as an attempt to undermine initiatives aimed at promoting social responsibility and environmental sustainability, highlighting a broader debate on the balance between economic growth and responsible governance.

Contention

Key points of contention include fears that HB 770 could hinder the state’s ability to address issues related to social equity and environmental responsibility. Opponents might argue that the bill prioritizes the interests of certain industries while disregarding the growing need for accountability in how businesses impact society and the environment. As a result, the bill presents a clear ideological divide regarding the role of government in regulating industry practices for the public good.

Companion Bills

No companion bills found.

Previously Filed As

MO HB1845

To Amend The Law Concerning Environmental, Social Justice, Or Governance Scores; And To Clarify The Sources Of Information Used In Regulating Environmental, Social Justice, Or Governance Scores.

MO HB3922

Relating to prohibiting the use of environmental, social, or governance scores.

MO SB56

To Regulate The Use Of Social Credit Scores Based On Environmental, Social Justice, Or Governance Scores Or Metrics; And To Prohibit A State Agency From Engaging In Discrimination Based On The Use Of A Social Credit System.

MO HB4723

Relating to prohibiting the use of environmental, social, or governance scores; providing a civil penalty.

MO SB41

To Regulate Environmental, Social Justice, Or Governance Scores Or Metrics; And To Allow The Treasurer Of State To Divest The State Of Stocks, Securities, Or Other Obligations.

MO SB1171

Creates new provisions prohibiting discrimination against businesses based on environmental, social, and governance scores

MO HB709

Relating to prohibiting the use of certain credit scores, including environmental, social, or governance scores and social credit scores, by certain financial institutions and other lenders in this state; providing a civil penalty.

MO HB1507

To Amend The Law Concerning Environmental, Social Justice, Or Governance Scores; And To Clarify The Exemptions From Divestment For Certain Investments.

MO HB1307

Concerning The Regulation Of Environmental, Social Justice, Or Governance Scores; And To Authorize The Treasurer Of State To Divest Certain Investments Or Obligations Due To Certain Factors.

MO HB1699

Prohibits state contracts with companies that engage in economic boycotts based on environmental, social, or governance criteria

Similar Bills

No similar bills found.