23RS HB 533

House Bill 533

Actions

Last Action	02/22/23: to Committee on Committees (H)
Title	AN ACT relating to state dealings with companies that engage in politically sensitive company boycotts.
Bill Documents	Introduced
Bill Request Number	1712
Sponsor	E. Callaway
Summary of Original Version	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.
Index Headings of Original Version	Energy - Energy services associated company, politically sensitive company boycott, state divestment Financial Responsibility - State government agencies, companies engaging in politically sensitive company boycotts, divestment Firearms and Weapons - Firearms associated company, politically sensitive company boycott, state divestment Legislative Research Commission - Financial companies engaging in politically sensitive company boycotts, report Oil and Natural Gas - Petrochemical associated company, politically sensitive company boycott, state divestment Retirement and Pensions - State government agencies, companies engaging in politically sensitive company boycotts, divestment Securities - State government agencies, companies engaging in politically sensitive company boycotts, divestment State Agencies - State government agencies, companies engaging in politically sensitive company boycotts, divestment Reports Mandated - State government agencies, companies engaging in politically sensitive company boycotts, divestment Internet - Social media or internet service company, politically sensitive company boycott, state divestment Treasurer - State government agencies, companies engaging in politically sensitive company boycotts, divestment Treasurer - State government agencies, companies engaging in politically sensitive company boycotts, duties Agriculture - Agricultural commodities associated company, politically sensitive company boycott, state divestment Commerce - State government agencies, companies engaging in politically sensitive company boycotts, divestment