HB1224

This bill creates a new law prohibiting South Dakota banks and large payment processors from denying or restricting financial services to customers based on their religious beliefs, free speech, lawful opinions, or participation in legal economic activities. The law applies to services like checking accounts, loans, credit cards, and money transfers offered by financial institutions that process over $100 billion in annual transactions. This protects customers from being cut off from banking services because of their political views, religious practices, or other First Amendment-protected activities.