Proposed West Virginia Firearm Legislation SB112
Legislation Overview
Title: Relating to financial institutions engaged in boycotts of firearms companies
Subject: Finance and Administration
Description: The purpose of this bill relates to financial institutions engaged in boycotts of firearms companies; defining terms; authorizing the State Treasurer to prepare, maintain, and publish a list of financial institutions engaged in boycotts of firearms companies; requiring the Treasurer to post the list on his or her website and submit the list to certain public officials; setting forth sources of information on which the Treasurer may rely on preparing the list; requiring the Treasurer to send written notice to a financial institution of its inclusion on the list; requiring the Treasurer to remove a financial institution from the list if it presents information demonstrating that it is not engaged in a boycott of firearms companies; authorizing the Treasurer to exclude financial institutions on the list from the selection process for state banking contracts; authorizing the Treasurer to refuse to enter into a banking contract with a financial institution on the list; authorizing the Treasurer to require, as a term of a banking contract, an agreement by the financial institution not to engage in a boycott of firearms companies; and limiting liability of public officials, public employees, members or employees of financial institutions for actions taken in compliance with the new code section and exempting the Investment Management Board.
Session: 2023 Regular Session
Last Action: To Judiciary
Last Action Date: January 11, 2023
Sponsors
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
6 sponsors: Robert Karnes (R); Jay Taylor (R); Mark Hunt (D); Patrick Martin (R); Mike Azinger (R); Mark Maynard (R);
Percentage of Senate sponsoring bill: 18% (6 of 34)
History
Chamber | Date | Action |
Senate | Jan 11, 2023 | Filed for introduction |
Senate | Jan 11, 2023 | To Judiciary then Finance |
Senate | Jan 11, 2023 | Introduced in Senate |
Senate | Jan 11, 2023 | To Judiciary |
Texts
Type | Date | State Link | Text |
Introduced | not available | state link | bill text |
Amendments
Title | Description | Date | State Link | Text | Adopted |
There are no amendments to this bill at this time |
Votes - Click on description to view vote roll call
There have not been any votes on this bill
Link: link to state bill page