Senator Jack Johnson and Representative Jason Zachary of Tennessee are our heroes this week and deserve our gratitude for introducing a groundbreaking consumer protection bill, SB 2148, which has now been signed by the governor.
The bill prohibits de-banking “based upon the use of a social credit score or other factors.” Factors listed in the bill’s summary include political or religious beliefs, opinions, or speech; lawful firearm ownership; engagement in lawful business related to firearms or ammunition; “engagement in the exploration, production, utilization, transportation, sale, or manufacture of fossil fuel-based energy, timber, mining, or agriculture”; and more.
This legislation is a significant step toward safeguarding individuals’ rights, as it prevents the largest banks in the country from arbitrarily closing customer accounts solely due to their political or religious beliefs.
A big thank you to Senator Johnson and Representative Zachary. If you send the link to this post to your state representatives, more states will follow suit!
Related:
Tennessee General Assembly Passes Landmark Bill Against De-Banking
TN lawmakers approve landmark de-banking bill, send to governor’s desk
Thank you for notifying us of this! I emailed Senator Johnson, Rep. Zachary and Gov. Lee to thank them for introducing and passing SB 2148.
Thanks so much for doing this Nicole!
Thank you for notifying us of this! I emailed Senator Johnson, Rep. Zachary and Gov. Lee to thank them for introducing and passing SB 2148.
Thanks so much for doing this Nicole!