The legislature is putting Senate Concurrent Resolution SCR1007 on the November ballot for the voters to decide. It concerns not allowing banks in Arizona to discriminate against a firearm entity. For example, Citigroup will not do business with retailers who sell firearms to customers who have not passed a background check or who are younger than 21.

Under this resolution, banks who discriminate against a firearm entity would be denied access to government contracts worth over $100,000. Similar laws have been passed in Texas, Oklahoma and Florida. If this ballot initiative is passed in Arizona, there is a possibility that banks may leave the state rather than comply, as was the case in the other states with these laws.

Disclaimer: Laws change constantly. Specific legal advice should be obtained regarding any legal matter. The information contained on this website does not constitute legal advice and no attorney-client relationship is created. 

Have any questions about this topic?
We’re ready to listen.

Related Content

Transgender Rights and Arizona’s Push for Stronger Animal Welfare Laws

Along party lines, Arizona lawmakers approved a measure (HB 2438) that would erase the possibility of transgender Arizonans ever amending the sex shown on their birth certificates. However, the measure was immediately vetoed…

Arizona Ballot Law Delays and the Debate Over Jury Selection Rules

The so-called “border initiative” that was approved by a wide margin of voters in the November 2024 election is still not in effect. Two lawsuits are holding it up.

Arizona Legislative Updates: Abortion Rights and Execution Methods Under Review

Arizona is considering new legislative proposals that could impact abortion access, including mandatory procedures that would affect the availability of abortion pills by mail. Additionally, the state is debating the introduction of the firing squad as an alternative execution method, citing potential humanitarian benefits.

Arizona House Passes ‘Save Our Children School Safety Program’ Bill

A bill has passed in the Arizona House (HB2022, entitled “Save Our Children School Safety Program”) which tasks the Department of Education with providing training to K-12 employees who seek to carry guns at school.

Trump Issues Executive Orders Impacting Transgender Athletes

Donald Trump signed another executive order titled “Keeping Men Out of Women’s Sports” that directs the Department of Education to prohibit transgender girls from participating in girls’ sports.

Explore All Articles by Practice Area:
Loose
Law Group
Loose Law Group, PC has distinguished itself for more than 40 years in the areas of personal injury, estate planning, family law, trial practice, business law, probate, construction law, and real estate law. The firm is comprised of attorneys and legal professionals dedicated to its mission of extraordinary service and exceptional results.