Missouri Senate Bill SB1350

Missouri 2024 Regular Session

• Introduced: 1/24/24
• Refer: 1/25/24

Caption

Prohibits giving preferential treatment or discrimination based upon ESG scores

Impact

The bill is designed to directly affect how public contracts are awarded in Missouri. By explicitly stating that no bidder, contractor, or subcontractor shall be discriminated against based on their ESG scores, it could significantly alter the landscape of public procurement. Supporters of the bill argue that it protects local businesses from being disadvantaged due to progressive social agendas, thereby leveling the playing field by focusing on compliance with established laws rather than subjective ESG evaluations.

Summary

Senate Bill 1350 seeks to amend Chapter 34 of the Revised Statutes of Missouri by adding a new section that prohibits the state and its subdivisions from giving preferential treatment or discriminating against contractors based on their environmental, social, and governance (ESG) scores. This legislation aims to ensure that the procurement process remains fair and unbiased, particularly for bidders who may be affected by evaluations based on ESG criteria that extend beyond existing state and federal regulations.

Contention

However, the introduction and potential passage of SB1350 may also ignite debate surrounding the responsibility of businesses to address climate and social issues. Critics of the bill may contend that restricting the consideration of ESG factors could hinder efforts to encourage responsible corporate practices and sustainability. This creates a point of contention between proponents who prioritize economic fairness and critics who advocate for a broader view that includes social responsibility in public contracting.