Prohibit discriminatory actions against persons engaged with the firearm industry.
Impact
The passing of SB182 would have a significant effect on state law by establishing a framework that prohibits banks and financial institutions from categorically refusing services to firearm-related businesses. The legislation aims to create an environment of fairness and equal access to financial resources for this sector, asserting that discrimination against lawful firearm business practices undermines the principles of free enterprise and lawfulness. If enacted, South Dakota will align itself with states that actively protect the rights of firearm businesses against perceived corporate bias.
Summary
Senate Bill 182, introduced by Senator David Johnson, is aimed at preventing discriminatory actions against individuals and businesses engaged in the firearm industry. The bill stipulates that no state agency, elected or appointed official, or employee may enter into contracts with banks or money transmission entities unless those entities explicitly state that they do not have a policy of discriminating against parties engaged in lawful commerce of firearms or ammunition. This includes manufacturers, distributors, retailers, and shooting ranges, thereby reinforcing protections for the firearm industry against financial service exclusion.
Contention
Opponents of SB182 may argue that it potentially prevents financial institutions from making necessary risk assessments regarding their customer base, thus shielding businesses that may engage in illegal or dangerous practices. The bill's proponents, however, contend that the legislation is vital for upholding the rights of lawful firearm commerce and preventing arbitrary decisions by financial intermediaries that could stifle a legitimate industry essential to many South Dakotans. The debate surrounding this bill highlights larger societal tensions regarding gun ownership rights and financial accountability.
Vote_history
During the voting process, SB182 had mixed reactions, with its latest recorded vote on February 15, 2022, resulting in 6 yeas and 2 nays, indicating a favorable initial response but also showing that some legislators had reservations about the implications of the bill. The bill was ultimately deferred to the 41st legislative day, reflecting ongoing discussions on its provisions and societal repercussions.
Prohibit the use of a firearms code for transactions involving firearms, accessories, components, and ammunition and to provide a civil penalty therefor.