2020 House Bill 6312

Authorize “stakeholder capitalism” corporations

Introduced in the House

Oct. 14, 2020

Introduced by Rep. Matt Koleszar (D-20)

To establish annual report filing requirements for the “benefit corporation” business entities proposed by House Bill 6309, whose purpose is not to maximize value for shareholders but to engage in various pro-social or pro-environmental activities as measured by a subjective “third-party standard".

Referred to the Committee on Government Operations