Model Legislation
It is important that leaders at the state level stay vigilant in the fight to protect their citizens from policies that harm their state and its people. The following provides model legislation to assist leaders as they look to take action against ESG.
Here's how state lawmakers can fight ESG:
1. Protect your state’s pensions, retirements, and investments
ESG preferences almost always run counter to what is in the best financial interest of shareholders. This model legislation focuses on fiduciary duty to act in the interest of the state and pension holders.
2. Protect your state’s contracts
Far too often our states are doing business with companies that are actively working against the self-interest of the state’s hardworking citizens and the state itself. This legislation focuses on protecting state contracts from companies who have policies that discriminate against industries important to the welfare of the state.
3. Fight Extraterritorial Overreach Act
As a response to burdensome California and European laws requiring companies to report emissions that took place in other states or countries, this legislation would bar companies from tracking GHG emissions within the enacting state.
4. Responsible Grid Management Act
This legislation would require the state public utility commission or corporation commission to approve or deny retirements of power plants, and may not approve retirements unless the utility demonstrates that the retirement would not increase costs or threaten the reliability of the electric grid.
5. Keep Accreditation About Academics Act
Diversity, Equity, Inclusion is not only infecting our high education institutions, but it is often baked into accreditation organization requirements. States can fight back, and this legislation does so by prohibiting accreditors from requiring DEI for institutions to be accredited.
6. Farmer Protection Act – courtesy of Heartland Institue
This legislation protects the state’s agriculture producers and farmers from being unduly restricted from financial services simply because they cannot adhere to the radical Net Zero agenda.