Relating to prohibiting the use of environmental, social, or governance scores; providing a civil penalty.

HB 4723 prohibits businesses operating in Texas from assigning environmental, social, or governance (ESG) scores to Texas residents. The bill defines ESG scores as credit scores based on measuring a customer's exposure to long-term environmental, social, and governance risks. Businesses violating this prohibition face civil penalties of up to $1,000 per affected resident per day, with the Texas Attorney General authorized to enforce the law. The law takes effect September 1, 2025.