HB 227 (2023)
Limit banks' ability to deny services
Summary:
Prohibits banks and financial institutions from denying services "except to the extent justified by such person's documented failure to meet quantitative, impartial risk-based financial standards." This bill also prohibits banks and financial institutions from denying services "in coordination with another person" or to prevent competition in a market.
Bill Sponsor:
J D Bernardy
Status:
Public Hearing Date:
02/01/2023 02:15 pm
Public Hearing Location:
LOB Room 302-304
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