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AZ HB2903

Bill

Status

Engrossed

3/3/2026

Primary Sponsor

Steve Montenegro

Click for details

Origin

House of Representatives

Fifty-seventh Legislature - Second Regular Session (2026)

AI Summary

  • Prohibits Arizona from requiring banks or financial institutions to use social credit scores when evaluating loan applications from customers.

  • Adds a new section (6-194) to Arizona Revised Statutes under Title 6, chapter 2, article 1, governing banks and financial institutions.

  • Applies specifically to lending decisions, preventing any state mandate that would force financial institutions to incorporate social credit scoring into their customer loan evaluation processes.

Legislative Description

Social credit; use; prohibition

Prohibition

Last Action

Senate FIN Committee action: Do Pass, voting: (4-3-0-0)

3/16/2026

Committee Referrals

Rules3/9/2026
Finance3/3/2026
Rules1/22/2026
Commerce1/22/2026

Full Bill Text

No bill text available