Bill No. 2043, known as the Energy Discrimination Elimination Act of 2022, seeks to amend existing legislation regarding contracts between state agencies and companies. The bill specifies that contracts must be between a state agency and a company with ten or more full-time employees, with a total payment of $100,000 or more from public funds. It mandates that state agencies cannot enter into contracts for goods or services unless the company provides written verification that it does not and will not boycott energy companies during the contract term. Additionally, state agencies are prohibited from contracting with listed financial companies as defined in the legislation.

The bill also introduces exceptions to these requirements. State agencies may bypass the verification process if they determine that compliance is inconsistent with their constitutional or statutory duties related to debt management or fund investment. Furthermore, contracts may be made if the agency finds that the required supplies or services are not reasonably available from a non-listed financial company. Overall, the bill aims to ensure that state contracts support energy companies while providing specific conditions under which exceptions can be made.