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

HF 922 prohibits Iowa financial institutions from denying, restricting, or terminating financial services based on a "social credit score." It directly affects banks, credit unions, payment processors, and other financial institutions with significant assets or transaction volumes, and their customers. The bill defines "social credit score" to include evaluations of protected speech, refusal to comply with certain environmental or diversity initiatives, business ties to firearms/oil industries, or political status. Financial institutions must provide written explanations for service denials within 14 days and face civil penalties of up to $10,000 per violation (or triple that for willful violations), plus attorney fees. The law explicitly excludes standard financial risk assessments that are publicly disclosed.