This bill proposes to amend the Arizona Revised Statutes by adding a new section, 6-194, which explicitly prohibits the state from requiring banks or financial institutions to utilize a social credit score in their lending evaluations. This insertion aims to protect consumers from potential discrimination or bias that could arise from the use of social credit scores in financial decision-making.

The current statutes regarding banks and financial institutions remain unchanged, as the bill does not delete any existing language but rather adds a new provision to ensure that social credit scores cannot be mandated in lending practices. This legislative change seeks to promote fair lending practices and safeguard consumer rights in financial transactions.

Statutes affected:
Introduced Version: 6-194