Relating to the adoption of political shareholder proposals by insurers and insurer holding companies.

This bill prohibits Texas insurers and insurer holding companies from adopting or including in proxy statements shareholder proposals that restrict fossil fuel insurance, require emissions tracking, or limit insurance for environmental/social causes. It defines "political shareholder proposals" to specifically cover three types of requests: banning fossil fuel-related coverage, mandating emissions tracking (including for insureds or investments), or restricting insurance for entities pursuing environmental/social goals. The law would take effect September 1, 2025, directly affecting all insurers operating under Texas law. It creates a clear prohibition on these specific types of shareholder initiatives without requiring insurer action on broader environmental or social policies.