S 401referred119th Congress

Fair Access to Banking Act

Introduced Feb 4, 2025Senate billPolicy area: Finance and Financial SectorLast action Feb 4, 2025Sponsor: Kevin Cramer(R-ND)

financeFinance and Financial Sector

Banking, Housing, and Urban Affairs Committee

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Official summaryUpdated Feb 4, 2025

What the bill does

Fair Access to Banking Act This bill places restrictions on certain banks, credit unions, and payment card networks if they refuse to do business with a person who complies with the law. Restrictions include prohibiting the use of electronic funds transfer systems and lending programs, termination of an institution's depository insurance, and specified civil penalties. Banks and other specified financial institutions are allowed to deny financial services to a person only if the denial is justified by a documented failure of that person to meet quantitative, impartial, risk-based standards established in advance by the institution. This justification may not be based upon reputational risks to the institution. The bill establishes the right for a person to bring a civil action for a violation of this bill.

Latest official action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Lobbying Filings Citing It

$16.5M

Reported on Those Filings, All Issues

Lobbying Clients

Recorded Votes

Timeline

Feb 4, 2025bill

Bill introduced

Apr 21, 2025lobbying

Lobbying filed by NATIONAL SHOOTING SPORTS FOUNDATION

Apr 21, 2025lobbying

Lobbying filed by AMERICAN BANKERS ASSOCIATION

Apr 21, 2025lobbying

Lobbying filed by CITIGROUP WASHINGTON, INC.

Jul 17, 2025lobbying

Lobbying filed by NATIONAL SHOOTING SPORTS FOUNDATION

Jul 21, 2025lobbying

Official Congressional Actions

Feb 4, 2025IntroReferral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs Committee

View official action

Feb 4, 2025IntroReferral

Introduced in Senate

View official action

Lobbying Activity

Registrant	Client	Amount	Filed	Period	Issues
AMERICAN BANKERS ASSOCIATION	AMERICAN BANKERS ASSOCIATION	$2.0M	Jul 21, 2025	2025Q2	ACCAGRBAN
NATIONAL SHOOTING SPORTS FOUNDATION	NATIONAL SHOOTING SPORTS FOUNDATION	$1.9M	Apr 21, 2025	2025Q1	FIR
NATIONAL SHOOTING SPORTS FOUNDATION	NATIONAL SHOOTING SPORTS FOUNDATION

About this page

The lobbying table lists Senate LDA quarterly reports (LD-2) that cite this bill by number and cover a quarter of the 119th Congress. An LD-2 names a bill as “H.R. 1234” with no Congress, so a report on another Congress, which can only concern a different bill with the same number, is left out, even when it was filed after this Congress began. The amount is what the registrant reported for the whole filing, across every issue on it, not spending on this bill. Official actions and the bill summary come from Congress.gov, and votes from the roll-call record. This page no longer pairs the bill with members' stock trades: matching lobbying clients to traded companies by name, and trades to a bill by date, is not something the records establish.