HB 2316 Summary

• Prohibits financial institutions from terminating or discriminating against employees who report information to government entities, file proceedings under consumer protection laws, or object to practices reasonably believed to violate laws or harm consumers.

• Establishes complaint process through the Industrial Commission of Arizona with 180-day filing deadline, requiring director investigation within 60 days and determination of reasonable cause.

• Requires employers found in violation to reinstate employees with back pay, restore employment terms, provide compensatory damages, and pay complainant's litigation costs including attorney fees.

• Allows employees to pursue de novo review in superior court if director does not issue final decision within 210 days of complaint filing, with jury trial available upon request.

• Prohibits waiver of whistleblower rights through employment agreements or predispute arbitration agreements, except those in collective bargaining agreements approved by the Industrial Commission.