119-s379

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 379 Introduced in Senate

    (IS) ]

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119th CONGRESS
 1st Session
 S. 379

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.

_______________________________________________________________________

 IN THE SENATE OF THE UNITED STATES

 February 4, 2025

Mr. Kennedy (for himself and Mr. Cramer) introduced the following bill; 
which was read twice and referred to the Committee on Homeland Security 
 and Governmental Affairs

_______________________________________________________________________

 A BILL

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.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``No Red and Blue Banks Act''.

SEC. 2. INSURED DEPOSITORY INSTITUTIONS.

    (a) In General.--The General Services Administration may not award 
a contract to an insured depository institution, as defined in 

section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813), or an 
affiliate of a depository institution if the insured depository 
institution or affiliate avoids doing business with certain companies 
that the insured depository institution or affiliate believes are 
engaged in lawful commerce based solely on social policy 
considerations.

    (b) Applicability.--This Act shall not apply to any contract 
awarded before the date of enactment of this Act.
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