Prohibiting financial institutions from discriminating against firearms businesses

SB 64 prohibits financial institutions (like banks and payment processors) from refusing services or terminating relationships with firearm businesses - such as manufacturers, retailers, shooting ranges, or qualifying trade associations - solely because of their involvement in the firearms industry. The bill creates civil remedies allowing affected businesses to sue for damages, attorney fees, or injunctions if discrimination occurs, and requires the state to terminate business with violators. It includes exceptions for institutions with written anti-discrimination policies or legitimate business reasons for service decisions. Violations could trigger state penalties up to $20,000 per incident, with lawsuits required to be filed within two years of discovery. The law takes effect July 1, 2025.