The Tennesse General Assembly passed a bill prohibiting banks from de-banking and closing consumer accounts based on “social credit score” systems.
SB 2148 “prohibits financial institutions and insurers from denying or canceling services to a person, or otherwise discriminating against a person, based upon the use of a social credit score or other factors,” according to the bill’s summary.
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Tennessee State Representative Jason Zachary (R-Knoxville) and Senate Majority Leader Jack Johnson (R-Franklin) have proposed legislation that would prohibit America’s largest financial institutions from discriminating against customers based on their religious or political beliefs.
Their bills, HB 2100 and SB 2148, would specifically prohibit banks, insurers and other financial institutions from “denying or canceling services to a person, or otherwise discriminating against a person, based upon the use of a social credit score or other factors.”
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