June 4, 2023


Moving Forward

FL bill targeting ‘woke’ investment strategies heads to DeSantis

TALLAHASSEE — The Florida Senate on Wednesday gave final acceptance to a monthly bill that would prohibit expense methods that Gov. Ron DeSantis has considered “woke,” sending the concern to his desk.

The Republican-controlled Senate voted 28-12 together occasion strains to prohibit thing to consider of “environmental, social and governance” specifications in investing federal government funds. The invoice (HB 3), a priority of Household Speaker Paul Renner, R-Palm Coast, passed the Home past thirty day period.

The invoice also would prohibit money institutions from engaging in any “unsafe and unsound practice” or applying a “social credit score score” when featuring solutions. They wouldn’t be ready to deny or cancel expert services to persons dependent on political thoughts, affiliation or speech.