The proposed bill, SB1014, seeks to prohibit financial institutions, insurers, and credit reporting agencies from discriminating against individuals based on political affiliation or any social credit, environmental, social justice, or governmental scores. This legislation aims to ensure that such entities cannot use these criteria to deny services or discriminate against customers. Additionally, it allows these institutions to offer products or services that may include subjective standards, provided that these standards are fully disclosed to potential customers before any contractual agreement is made.

The bill also emphasizes that discrimination based on these scores is a matter of statewide concern, threatening the rights and privileges of Arizona's inhabitants and undermining the foundations of a democratic state. Importantly, the bill clarifies that it does not prevent these institutions from refusing service when necessary for the physical safety of their employees. Overall, the new language expands the scope of discrimination prohibitions and reinforces the legislative intent to protect individuals from being judged by non-financial criteria.

Statutes affected:
Introduced Version: 6-194, 20-111, 44-1698.03
Senate Engrossed Version: 6-194, 20-111, 44-1698.03