Bill Text: TX HB3036 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to prohibiting discrimination by financial institutions against lawful companies and businesses in the firearms and ammunition industry.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-14 - Referred to Pensions, Investments & Financial Services [HB3036 Detail]
Download: Texas-2023-HB3036-Introduced.html
By: Toth | H.B. No. 3036 |
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relating to prohibiting discrimination by financial institutions | ||
against lawful companies and businesses in the firearms and | ||
ammunition industry. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Finance Code, Title 3, Subtitle Z, is amended by | ||
adding Chapter 282 to read as follows: | ||
Sec. 282.001. DISCRIMINATION AGAINST LAWFUL FIREARMS OR | ||
AMMUNITION COMPANIES PROHIBITED. (a) A financial institution as | ||
defined by Section 201.101 is prohibited from discriminating | ||
against lawful firearms and ammunition industry companies or | ||
businesses based solely upon such a company's or a business's | ||
engagement in the constitutionally protected commerce subject | ||
matter of firearms or ammunition. | ||
(b) The banking commissioner shall administer and enforce | ||
this law, and per Finance Code Section 31.101, bring to bear all | ||
administrative remedies, including the de-charter of a financial | ||
institution found to be in violation of this section. | ||
SECTION 2. This Act takes effect September 1, 2023. |