| 1 | 1 | | By: Toth H.B. No. 3036 |
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| 2 | 2 | | |
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| 3 | 3 | | |
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| 4 | 4 | | A BILL TO BE ENTITLED |
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| 5 | 5 | | AN ACT |
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| 6 | 6 | | relating to prohibiting discrimination by financial institutions |
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| 7 | 7 | | against lawful companies and businesses in the firearms and |
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| 8 | 8 | | ammunition industry. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Finance Code, Title 3, Subtitle Z, is amended by |
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| 11 | 11 | | adding Chapter 282 to read as follows: |
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| 12 | 12 | | Sec. 282.001. DISCRIMINATION AGAINST LAWFUL FIREARMS OR |
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| 13 | 13 | | AMMUNITION COMPANIES PROHIBITED. (a) A financial institution as |
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| 14 | 14 | | defined by Section 201.101 is prohibited from discriminating |
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| 15 | 15 | | against lawful firearms and ammunition industry companies or |
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| 16 | 16 | | businesses based solely upon such a company's or a business's |
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| 17 | 17 | | engagement in the constitutionally protected commerce subject |
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| 18 | 18 | | matter of firearms or ammunition. |
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| 19 | 19 | | (b) The banking commissioner shall administer and enforce |
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| 20 | 20 | | this law, and per Finance Code Section 31.101, bring to bear all |
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| 21 | 21 | | administrative remedies, including the de-charter of a financial |
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| 22 | 22 | | institution found to be in violation of this section. |
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| 23 | 23 | | SECTION 2. This Act takes effect September 1, 2023. |
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