A bill for an act relating to discrimination in the provision of financial services, and providing civil penalties.

HF 594 is a proposed Iowa bill that prohibits financial institutions from denying, restricting, or terminating financial services based on a "social credit score." This score would evaluate protected activities like First Amendment speech, refusal to adopt environmental targets beyond legal requirements, or business ties to firearms/oil companies. The bill requires institutions to provide written explanations for service denials within 14 days and allows affected individuals to sue for up to $30,000 in damages for willful violations. It explicitly excludes standard financial risk assessments from this prohibition. The bill is currently pending in committee after passing a subcommittee vote (13-8) in March 2025.