Republican Florida Gov. Ron DeSantis announced a proposal Monday that would protect citizens in the state from discrimination by financial institutions based on religious, political, or social beliefs.

Known as environmental, social, and governance business policies (ESG), these practices influence the way that major banks and other financial institutions invest the money you invest with them. DeSantis described ESG policies as a “mechanism to inject political ideology into investment decisions, corporate governance, and really just the everyday economy,” adding “that is not ultimately something that is going to work out well for us here in Florida.”

The proposal additionally stops all those operating in the financial sector from using, or even considering “social credit scores” in banking, according to Florida’s Voice. Language within the proposal further protects views on “securing the border, owning a firearm, and increasing our energy independence,” MyNews13 reported.

“Today’s announcement builds on my commitment to protect consumers’ investments and their ability to access financial services in the Free State of Florida,” said DeSantis in a statement shared by the outlet. “By applying arbitrary ESG financial metrics that serve no one except the companies that created them, elites are circumventing the ballot box to implement a radical ideological agenda. Through this legislation, we will protect the investments of Floridians and the ability of Floridians to participate in the economy.” (LEARN MORE — ‘All The Rest Is Hokum’: Writer Hits The Core Failure Of ESG That Democrats Are Ignoring)

A full breakdown of the bill was shared in a flyer on the Governor’s official website.

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