Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Utah House approves anti-ESG bill after extended floor debate
Summary
House substitute HB 4 49, which tightens anti‑competitive language to target coordinated financial actions tied to policy goals commonly labeled "ESG," passed the House 57–14 after extended debate in which supporters called it protection of free markets and opponents said it politicizes investment criteria.
SALT LAKE CITY — The Utah House on Feb. 23 passed a substitute to House Bill 4 49 (unlawful anti‑competitive activity amendments) by a recorded vote of 57–14 after a lengthy floor discussion that split lawmakers over whether the measure defends free markets or injects politics into commerce.
Sponsor Representative Ken Ivory framed the bill as a narrow response to coordinated actions by financial actors he described as "weaponizing capital" to pressure companies for political objectives.…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
