By: Toth H.B. No. 5245
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to prohibiting discrimination by financial institutions
  against lawful companies and businesses in the firearms and
  ammunition industry.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Finance Code, Title 3, Subtitle Z, is amended by
  adding Chapter 282 to read as follows:
  CHAPTER 282. DISCRIMINATION AGAINST FIREARMS AND AMMUNITION
         Sec. 282.001. DISCRIMINATION AGAINST LAWFUL FIREARMS OR
  AMMUNITION COMPANIES PROHIBITED.  (a)  A financial institution as
  defined by Section 201.101 is prohibited from discriminating
  against lawful firearms and ammunition industry companies or
  businesses based solely upon such a company’s or a business’s
  engagement in the constitutionally protected commerce subject
  matter of firearms or ammunition.
         (b)  The banking commissioner shall administer and enforce
  this law, and per Finance Code Section 31.101, bring to bear all
  administrative remedies, including the de-charter of a financial
  institution found to be in violation of this section.
         SECTION 2.  This Act takes effect September 1, 2023.