Past/Inactive Legislation
|
Title |
Key Dates |
Nature of |
ESG Category |
|
|
|
Introduced, but did not pass in 2024 legislative session |
Legislation |
Prohibit Discrimination on Basis of Social Credit or ESG Scores |
■ Declares it an unsafe or unsound practice for financial institutions to deny or cancel their services to a person, or to otherwise discriminate against a person in making available such services or in the terms or conditions of such services, on the basis of any factor that is not quantitative, impartial, and risk-based standard; the use of any criteria that considers social credit score; and other factors. ■ Declares it an unsafe and unsound practice for financial institutions to deny or cancel their services to a person, or otherwise discriminate against a person, for their failure to meet ESG standards as long as such person is in compliance with applicable state or federal law. |
||
|
HB1207: Prevent financial service providers from denying services based on certain grounds |
Introduced, but did not pass in the 2023 legislative session |
Legislation |
Prohibit Discrimination on Basis of Social Credit or ESG Scores |
■ Prohibits financial institutions from denying any person a financial service except to the extent justified by the person's documented failure to meet quantitative, impartial risk-based financial standards established in advance by the financial institution. |
|
|
HCR6008: Affirming, supporting, and defending certain principles, values, and goals |
Introduced, but did not pass in the 2023 legislative session |
Legislation |
Restrict Use of ESG Factors; Focus on Pecuniary Characteristics |
■ Resolution affirming, supporting, and defending certain principles, values, and goals stating, among many items that government should not compete with private enterprise and the implementation of environmental, social, and governance standards should be opposed. |
|
|
SB182: Prohibits Discriminatory Actions against Persons Engaged with the Firearm Industry |
Introduced, but did not pass in the 2022 legislative session |
Legislation |
Target Entities That Boycott Certain Industries |
■ Prohibits South Dakota state agencies or public officials or employees from entering into contracts with a bank or person engaged in money transmission for a financial service unless there is written verification such entity or person does not have any policy or other directive requiring discrimination against firearm entities or firearm trade associations. |
|
