TX HB3922

Prohibits entities organized with shareholders that conduct business in Texas from assigning environmental, social, or governance (ESG) scores to individuals or families residing in the state

Defines ESG scores as credit scores based on measuring a customer's exposure to long-term environmental, social, and governance risks

Defines credit scores broadly as any number or rating derived from algorithms or models used to determine creditworthiness or credit capacity

Establishes penalty that any entity violating the prohibition may not conduct business in Texas

Takes effect September 1, 2025