Senate committee substitute to the 1st edition makes the following changes.
Discards the first edition’s proposed text of GS 53C-6-21 and replaces it with a definition of “agriculture producer,” a prohibition on banks denying or cancelling service for agricultural producers based on greenhouse gas emissions or use of fossil-fuel derived fertilizer or powered machinery, and directs the Commissioner of Banks to monitor for compliance and take enforcement actions against banks that violate the statute.
Amends proposed GS 54-109.23 by removing the requirement for credit unions to submit the report provided in GS 53C-6-21(d) from the text of the previous edition. Makes conforming changes.
Statutes affected: Filed: 54B-78, 54C-64
Edition 1: 54B-78, 54C-64
Edition 2: 54B-78, 54C-64