24RS HB 452

Actions

Last Action	02/01/24: to Committee on Committees (H)
Title	AN ACT relating to equality in access to financial services.
Bill Documents	Introduced
Bill Request Number	1669
Sponsor	S. Sharp
Summary of Original Version	Create a new section of KRS Chapter 367 to define terms; prohibit financial institutions from discriminating in, or agreeing, conspiring, or coordinating to discriminate in, the provision of financial services by utilizing a social credit score; establish notice requirements when a financial institution refuses to provide, restricts, or terminates financial services; make violation an unfair, false, misleading, or deceptive trade practice in violation of KRS 367.170; establish remedies; authorize enforcement by the Attorney General; require construction in favor of broad protection of conduct, opinions, and beliefs protected by certain laws.
Index Headings of Original Version	Federal Laws and Regulations - First Amendment, discrimination in financial services, social credit score, prohibition Loans and Credit - Social credit score, prohibition Attorney General - Discrimination in financial services, social credit score prohibition, enforcement Banks and Financial Institutions - Discrimination in financial services, social credit score, prohibition Consumer Affairs - Discrimination in financial services, social credit score, prohibition