H.R. 2743, called the Fair Access to Banking Act, amends the law to prohibit large banks, credit unions and card payment processors from refusing services based on any reason other than objective-based risk management.
No longer will they be able to discriminate against gun owners and manufacturers without real, objective, fact-based financial risk reasons.
Not only does it implement punitive measures against violators but permits citizens harmed by their illegal discrimination to file civil suits against the offending institution(s).
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