Bill > SB776

This bill establishes the Firearms Industry Nondiscrimination Act, which aims to prevent discrimination against firearm entities and firearm trade associations in West Virginia. The legislation defines key terms such as "firearm," "firearm accessories," and "financial institution," and prohibits governmental entities from entering into contracts with financial institutions that discriminate against firearm-related businesses. Discrimination is specifically defined as refusing to provide services, terminating existing business relationships, or refraining from continuing business relationships based solely on an entity's status as a firearm-related business. The bill allows individuals who are injured by such discrimination to bring civil actions in court, potentially receiving actual damages, punitive damages, and attorney fees. The Attorney General is empowered to file civil actions, request injunctions, and recommend terminating state business relationships with institutions found to be in violation. Importantly, the law provides exceptions for sole-source providers and allows financial institutions to make decisions based on legitimate business or financial reasons, or in compliance with regulatory directives. The bill includes a two-year statute of limitations for bringing actions and does not apply to financial institutions with written policies against discriminating against firearm entities.

Business and Industry, Justice

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=776&year=2025&sessiontype=RS&btype=bill