New Hampshire HB 359
This bill would prohibit the denial of banking and insurance services on the basis of any factor that is not a quantitative, impartial, and risk-based, including the person’s business sector.
This bill would prohibit the denial of banking and insurance services on the basis of any factor that is not a quantitative, impartial, and risk-based, including the person’s business sector.
Establishes banking bill of rights.
The bill gives Executive Order 14331, titled “Guaranteeing Fair Banking for All Americans” the force and effect of law.
The legislation requires that lending and services decisions must be based on impartial, risk-based analysis, not political or reputational favoritism.
Directs federal banking and credit union regulators to streamline the formation
of new banks and credit unions.
A bill to eliminate reputational risk as a component of the supervision of depository institutions.