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[ clip Texas' decision to pull $8.5B from BlackRock driven by profits, not anti-ESG law ]
5 document(s) related
Texas Bills & Amendments: 1
Misc. items: 4
| Texas Bills / Amendments | Caption | Clips |
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| 87th Regular Session | ||
| SB 13 | Relating to state contracts with and investments in certain companies that boycott energy companies. | 64 |
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Laws & Rules
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Texas Government Code ch. 809, Prohibition on investment in financial companies that boycott certain energy companies ('Fair Access Act'). (Link Type: Texas Law) |
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Articles / Press Releases
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Statement advising the public that the Texas Permanent School Fund (PSF) terminated a major investment with BlackRock. (Link Type: Press Release) | ||
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Other
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Letter to Chairman Aaron Kinsey, Texas State Board of Education, re: A $250 million decision (claiming BlackRock outperforms financial benchmarks for the Permanent School Fund, arguing the company complies with Texas' fair access law (SB 13, 87th R.S.), and disagreeing with the state's assessment of the company's supposed boycott of energy companies). (Link Type: Letter) | ||
Divestment statute lists (Comptroller's website listing companies under investigation for violating Texas laws, including financial companies that boycott energy companies). (Link Type: Website) | ||