Oklahoma Legislature takes aim at big banks in pro-gun bill

Oklahoma Legislature takes aim at big banks in pro-gun bill

State Sen. Casey Murdock, R-Felt, said protecting Second Amendment rights was worth causing the state to pay higher bond fees as a result of HB 3144, which prohibits the state from working with large banks that have “anti-gun” policies. (Photo by Janice Francis-Smith) OKLAHOMA CITY – Bond issues for municipalities throughout Oklahoma could become more expensive due to new legislation that would prohibit banks that have “anti-gun” policies from contracting with the state. That’s all right with the bill’s Senate author, who considers those increased costs as the price of protecting Second Amendment rights. House 3144, by state Rep. Kevin West, R-Moore, and state Sen. Casey Murdock, R-Felt, is patterned after a bill passed in Texas last year. It passed the Senate with a vote of 37 to 8 and is headed to Gov. Kevin Stitt’s desk to be signed into law. The list of banks to which HB 3144 would apply includes the largest banks in the nation: JPMorgan Chase, Bank of America, Citigroup, PNC and Goldman Sachs, as well as PayPal and General Electric Credit Union. “Today the firearm industry is being attacked and discriminated against,” Murdock said as he presented the measure before the state Senate on Wednesday. “These basically New York City woke banks have policies that state if a gun manufacturer manufactures high-capacity magazines they will not loan them money, if a business sells long rifles to anyone under 21 they will not loan them money. This bill simply states that if you have […]

Click here to view original web page at Oklahoma Legislature takes aim at big banks in pro-gun bill

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.