SB261 prohibits governmental entities from entering into certain contracts with companies that “boycott businesses because the business engages in certain sectors or does not meet certain environmental or corporate governance standards does not facilitate certain activities.”
The Senate passed SB261 on May 18, 2023, by a vote of 27 to 8. We have assigned pluses to the yeas because the government does not have the constitutional authority to use public funds to compel private businesses to engage in ‘woke’ environmental, social, and corporate governance (ESG) investment scheme initiatives. As a part of a ‘social credit’ rating system that seeks to further the United Nations’ Agenda 2030, ESG denies the property rights of American citizens, preventing both companies and individuals from entering into contracts voluntarily according to their own social, political, or ideological interests.