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Proposed West Virginia Firearm Legislation SB112

  this is an pro-gun bill
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

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