SB2138 - Relating to prohibiting the investment of the permanent university fund, the Texas University Fund, or money held by a public institution of higher education in financial companies that boycott certain energy companies.

      By: Creighton, et al. S.B. No. 2138     (Frank)           A BILL TO BE ENTITLED   AN ACT   relating to prohibiting the investment of the permanent university   fund, the Texas University Fund, or money held by a public   institution of higher education in financial companies that boycott   certain energy companies.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 51.0031, Education Code, is amended by   adding Subsection (e) to read as follows:           (e)     Chapter 809, Government Code, applies to a governing   board as if the governing board were a state governmental entity   under that chapter.          SECTION 2.  Section 62.143, Education Code, is amended by   adding Subsection (d) to read as follows:           (d)     Chapter 809, Government Code, applies to the Texas   University Fund as if the fund were a state governmental entity   under that chapter.          SECTION 3.  Subchapter A, Chapter 66, Education Code, is   amended by adding Section 66.015 to read as follows:           Sec.   66.015.     PROHIBITION ON INVESTMENT IN FINANCIAL   COMPANIES THAT BOYCOTT CERTAIN ENERGY COMPANIES. Notwithstanding   Section 66.01, Chapter 809, Government Code, applies to the   permanent university fund as if the fund were a state governmental   entity under that chapter.          SECTION 4.  This Act takes effect September 1, 2025.