(USNewsMag.com) – South Dakota Gov. Kristi Noem, 51, signed an executive order preventing South Dakota from doing business with banking institutions that discriminate against ammunition companies or firearm companies. She signed the order April 14 during her address at the. National Rifle Association convention.
Noem, who spoke for 24 minutes at the convention, signed the order to protect residents of South Dakota from what she says are discriminatory practices with banks refusing to work with firearms related businesses as well as the termination of existing relationships with those associated with firearms businesses. She said she signed the order to protect residents’ Second Amendment rights.
The executive order, which applies to contracts of more than $100,000, prevents any state agency in South Dakota from contracting with banks that have been found to have discriminatory practices against any entity that is firearm related. Firearm related entities include not only those that manufacture and sell firearms and ammunition, but also includes shooting ranges and firearm trade associations.
The order goes into effect 30 days after it was signed.
In 2022, there were two bills proposed in South Dakota that addressed the issue of banks not lending to firearms related businesses.
In 2018, Noem was elected as governor of South Dakota. Her first bill she signed was for constitutional carry. It has been speculated that Noem could run for the 2024 Republican nomination for president. Though she has commented that she has not made her decision yet.
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