119-S379
No Red and Blue Banks Act
Last action was on 2-4-2025
SenateCurrent status is Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
View Official Bill Information at congress.govNo users have voted for/against support on this bill yet. Be the first!
119th CONGRESS
1st Session
S. 379
1. Short title2. Insured depository institutions1. Short title
This Act may be cited as the "No Red and Blue Banks Act".
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.