HB0080H2001

Corrected, Adopted

Amendment to HB0080 — Stop ESG-State funds fiduciary duty act.

Sponsor:

Chamber: House

Stage: 2nd Reading

What does this amendment do?

This amendment replaces the enforcement and liability provisions in subsection (h) with a requirement that investment contracts include a clause confirming fiduciaries are aware of and agree to follow the bill's investment requirements.

Removes the attorney general enforcement mechanism and triple-damages liability provision for fiduciary violations, and replaces it with a contractual requirement that every investment contract between an investment entity and a fiduciary include a clause acknowledging the fiduciary's awareness of and agreement to follow the requirements of W.S. 9-4-722. (Page 8, lines 2-18)

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Roll Call Votes (0)

No roll call votes recorded for this amendment.