SF 851 Minnesota Senate · 2025-2026 Regular Session

The Stop Environmental Social Governance (ESG) and Social Credit Score Discrimination Act

This bill prohibits the Minnesota State Board of Investment from investing in or contracting with companies that boycott mining, energy production, agriculture, or commercial lumber. It requires the state board to divest from such companies (called "listed companies") by July 1, 2030, and bans state agencies from entering contracts with these companies. The bill defines "boycott" as refusing business due to a company's lack of adherence to environmental standards beyond legal requirements. It also mandates annual reports detailing affected investments and includes limited provisions against financial discrimination based on subjective criteria.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2025 Last action Mar 24, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Jan 30, 2025
Committee
Referred to State and Local Government
upper
Jan 30, 2025
Introduced
Introduction and first reading
upper
1 primary · 2 co-sponsors

Sponsors