Today, the Senate Insurance and Banking Committee voted 5-2 to advance Senate Bill 1048, to discourage banks from discriminating against the firearm industry. It will now advance to the full Senate for further consideration. Please contact Senate President Dave Schatz and the Senate Majority Floor Leader Caleb Rowden, and ask them to schedule SB 1048 to be heard on the floor.
Senate Bill 1048 prohibits public entities from entering into contracts worth $100,000 or greater with businesses, unless they certify that they do not discriminate against firearm businesses. Anti-gun banks and their executives have expressed interest in denying services to the firearm industry as a way to further their political agenda and impose gun control by making such business impossible when legislatures won’t bend to their will. Banks should evaluate firearm businesses like any other business and consider financial risk, rather than ideology, in their decisions on providing services. This bill ensures that state taxpayer money does not go to such businesses.
Again, please contact Senate President Dave Schatz and the Senate Majority Floor Leader Caleb Rowden, and ask them to schedule SB 1048 to be heard on the floor.