Texas Legislature passes bill against firearm divestments
Texas Legislature passes bill against firearm divestments
Bloomberg
The Texas House of Representatives passed a bill that would require state and local governments to stop investing in firms that plan to divest in firearm or ammunition companies.
The House voted 86-60 in favor of the bill May 13 after the Senate had approved the bill 18-12 on April 15.
The bill, SB 19, would ensure that any company in Texas with a policy that attempts to restrict gun or ammunition sales will not be allowed to benefit from tax dollars through state contracts, said the bill s statement of intent.
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