KY HB533 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 22 2023 - 25% progression, died in committee
Action: 2023-02-22 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Amend KRS 41.472 to add definitions for "agricultural commodities associated company," "firearms goods or services associated company," "petrochemical commodities associated company," "politically sensitive company boycott," and "social media information company"; amend KRS 41.474 to require the Treasurer to maintain and publish lists of all financial companies that engage in any politically sensitive company boycotts; require state governmental entity divestment in financial companies that engage in politically sensitive company boycotts; amend KRS 41.480 to add definitions for "agricultural commodities associated company," "firearms goods or services associated company," "petrochemical commodities associated company," "politically sensitive company boycott," and "social media information company"; prohibit a governmental entity from entering into a contract for goods or services with a company unless the contract has a written verification that the company does not and will not engage in any politically sensitive company boycotts; allow a company to provide written verification to the Treasurer that not engaging in a politically sensitive company boycott would violate its religious beliefs; provide that a company that has provided verified documentation of its religious beliefs shall not be advantaged or disadvantaged in the contracting process.

Tracking Information

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Title

AN ACT relating to state dealings with companies that engage in politically sensitive company boycotts.

Sponsors


History

DateChamberAction
2023-02-22Houseto Committee on Committees (H)
2023-02-22Houseintroduced in House

Subjects


Kentucky State Sources


Bill Comments

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