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Sponsor describes Transparency in Financial Services draft; committee votes to send RS 31936 to print

Senate State Affairs Committee · January 27, 2025
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Summary

Senator Anthon introduced RS 31936, described as a draft related to a 'Transparency in Financial Services Act' to prohibit large financial institutions from discriminating based on customers' political or religious views; the committee voted to send the draft to print.

On Jan. 27, 2025, during the Senate State Affairs Committee meeting, Senator Anthon explained RS 31936, a draft described as relating to the Transparency in Financial Services Act. He characterized the draft as addressing concerns that large financial institutions might discriminate against customers based on political or religious views.

Senator Harris moved that RS 31936 be sent to print; Senator Den Hartog seconded and the motion carried by voice vote. The minutes do not include detailed debate or the bill text; the committee recorded the procedural decision to send the draft to print for further development.