SB 554 - Prohibits Banks and Credit Unions from Denying Loans to Agriculture Producers Based on Their Lack of Commitment to Environmental, Social, and Governance (ESG) Factors - North Carolina Key Vote

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Title: Prohibits Banks and Credit Unions from Denying Loans to Agriculture Producers Based on Their Lack of Commitment to Environmental, Social, and Governance (ESG) Factors

Vote Smart's Synopsis:

Vote to pass a bill that prohibits banks and credit unions from denying loans to agricultural producers based on their lack of a commitment to environmental, social, and governance (ESG) factors in North Carolina.

Highlights:

  • Prohibits banks and credit unions from denying loans to agricultural producers based on their lack of a commitment to environmental, social, and governance (ESG) factors in North Carolina (Sec. 1-4).

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 5).

Title: Prohibits Banks and Credit Unions from Denying Loans to Agriculture Producers Based on Their Lack of Commitment to Environmental, Social, and Governance (ESG) Factors

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