December 1, 2023


Moving Forward

FL bill targeting ‘woke’ investment strategies heads to DeSantis

Speaker of the House Paul Renner presents an opening statement to the Florida House of Representatives during the opening day of the 2023 Florida Legislative Session Tuesday, March 7, 2023.

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.