Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
SB 2492 prohibits financial institutions from declining services to individuals based on a "social credit score"—a rating system that evaluates a person’s political beliefs, religious affiliations, speech, or refusal to disclose such activities. The bill applies only to financial service providers with at least $100 billion in transactions per year and requires them to provide a written explanation if they deny services due to a customer’s actions. Violations are classified as deceptive trade practices under Texas law.
Author (1)
Phil King
Contact the Author
Sen. Phil King
Capitol Phone:
(512) 463-0110
Capitol Office:
CAP GE.5
E-Mail:
