Texas Scorecard by Luca Cacciatore August 30, 2024
Comptroller Glenn Hegar called out a left-wing group for suing the state over a law restricting investments in environmental, social, and governance policies.
The law, Senate Bill 13, prevents the state government from entering contracts with firms that boycott reliable energy sources like oil and gas—a notable ESG policy.
On Thursday, the left-wing business group American Sustainable Business Coalition filed a lawsuit against Hegar and Attorney General Ken Paxton, alleging that the law violates the First and Fourteenth Amendments to the U.S. Constitution.
The group specifically accused the state of engaging in viewpoint discrimination and denying companies due process in enforcing the law, which was passed in 2021.
ASBC is asking the federal district court to declare the law’s most relevant sections unconstitutional and to permanently block the state from enforcing them.
“SB 13 bars certain state investments and contracts with companies that take ‘any action’ that is intended to penalize, harm, or simply limit commercial relations with fossil fuel companies and companies that rely on fossil fuels,” wrote the business group.
More:
https://texasscorecard.com/state/comptroller-glenn-hegar-slams-lawsuit-against-texas-esg-restrictions/
