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SB945
Assigned to Committee Authored by Bryan Hughes (R) View at Source
Caption: Relating to the adoption of political shareholder proposals by insurers and insurer holding companies. Initially Referred to Senate State Affairs Committee, chaired by a Republican Last Referred to House State Affairs Committee, chaired by a Republican
SB 945 prohibits Texas insurers and insurer holding companies from including or adopting "political shareholder proposals" that address environmental, social, or political factors in their operations. Specifically, it bans shareholder proposals seeking to limit or restrict the ability of insurers to insure fossil fuel-related risks, reduce or track greenhouse gas emissions, or influence legal activities for environmental, social, or political purposes. The legislation aims to maintain focus on business operations rather than political agendas.
Co-authors: Hagenbuch (R); Kolkhorst (R)
Jan 27, 2025
(S) Hughes signed onto the bill as Author (S) Received by the Secretary of the Senate (S) Filed
Feb 13, 2025
(S) Read first time (S) Referred to the Senate State Affairs, chaired by a Republican
Apr 24, 2025
(S) Scheduled for public hearing on . . . (S) Considered in public hearing (S) Testimony taken in committee (S) Left pending in committee
Apr 30, 2025
(S) Considered in public hearing (S) Vote taken in committee
May 5, 2025
(S) Reported favorably w/o amendments (S) Committee report printed and distributed
May 7, 2025
(S) Kolkhorst signed onto the bill as Coauthor (S) Co-author authorized (S) Placed on intent calendar
May 8, 2025
(S) Hagenbuch signed onto the bill as Coauthor (S) Co-author authorized (S) Rules suspended-Regular order of business (S) Record vote (S) Read 2nd time & passed to engrossment
20250508_SB945_E: Yea 21 (R 20, D 1) - Nay 10 (R 0, D 10)
You can view which lawmakers have received money from a specific PAC by selecting the PAC from the list below:
(S) Record vote (S) Reported engrossed (H) Received from the Senate
May 10, 2025
(H) Read first time (H) Referred to the House State Affairs, chaired by a Republican
May 15, 2025
(H) Considered in formal meeting (H) Failed to receive affirmative vote in comm.
Lobbying Against/For/On This Bill
Against
(Thu 4/24/2025) Registering before S State Affairs as Andrew Collier for Freedom to Invest (Thu 4/24/2025) Registering before S State Affairs as Denisce Palacios for Climate Cabinet (Thu 4/24/2025) Registering before S State Affairs as Hanna Campbell for self (Thu 4/24/2025) Registering before S State Affairs as Osman Moradel for Texas American Federation of Teachers (AFT) (Thu 4/24/2025) Registering before S State Affairs as Steven Deline for self (Thu 4/24/2025) Registering before S State Affairs as Veronikah Warms for Texas Civil Rights Project (TCRP)
For
(Thu 4/24/2025) Testifying before S State Affairs as Jack Mcpherrin for Heartland Impact (Thu 4/24/2025) Testifying before S State Affairs as Jason Isaac for self (with American Energy Institute) (Thu 4/24/2025) Testifying before S State Affairs as Will Hild for Consumers' Research (Thu 4/24/2025) Registering before S State Affairs as Molly Vogt for self (with American energy works)
