To prohibit the General Services Administration from awarding contracts to certain insured depository institutions that avoid doing business with certain companies that are engaged in lawful commerce based solely on social policy considerations.
No Red and Blue Banks Act
This bill prohibits the General Services Administration from awarding a contract to a bank or savings association insured by the Federal Deposit Insurance Corporation if the institution avoids doing business with companies based solely on social policy considerations.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Oversight and Reform.
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