Knife Rights’ first in the nation bill to prevent banks from discriminating against persons and companies involved in “the manufacture, distribution, wholesale, supply, or retail of…knives,” SB 1027, has been signed by Governor Brad Little. The new law becomes effective on July 1st. Knife Rights is taking the lead in protecting the knife industry from the adverse effects of anti-knife sentiment that unfortunately exists among some banks in this country.
We sincerely appreciate the efforts of our good friend Senator Carl Bjerke to amend the Transparency in Financial Services Act to include knives at Knife Rights’ request. Sen. Bjerke was the sponsor of our Idaho Knife Law Preemption bill that was enacted last year.
Numerous members of the knife community have raised the issue of financial institutions debanking and otherwise shutting out our community from their services. A number of states have taken up this debanking issue and recently bills were introduced in Congress, the Fair Access to Banking Act and Protecting Privacy in Purchases Act. It’s past time for knives to be included in this discussion.
Back in my TTAK days, our most viral post ever was from an instalanche on a post about Obama’s “Operation Choke Point” denying banking services to Hogue Knives. Glad to see this is finally being addressed.
Find out more at kniferights.org
Knife Rights Idaho Debanking Protection Bill Signed!
Read the full article here
