If enacted, this bill would amend existing Arizona statutes to prohibit financial institutions, insurers, and credit reporting agencies from discriminating against individuals based on political affiliations or various social credit scores, including environmental, social justice, or governmental scores. Specifically, it would add new sections to Title 6, Title 20, and Title 44 of the Arizona Revised Statutes, establishing clear guidelines against such discrimination and asserting that these practices are a matter of statewide concern. The bill also allows these entities to offer products or services that include subjective standards, provided that these standards are fully disclosed to potential customers.

Additionally, the bill clarifies that the prohibition on discrimination does not impede the ability of financial institutions, insurers, or credit reporting agencies to refuse business when necessary for the safety of their employees. The legislative declaration emphasizes the potential threats to rights and privileges posed by discrimination based on social credit scores, framing it as a significant issue affecting the peace, order, and welfare of the state and its inhabitants.

Statutes affected:
Introduced Version: 6-194, 20-123, 44-1698.03
Senate Engrossed Version: 6-194, 20-123, 44-1698.03