Financial institutions: banking practices; restriction of services by savings banks based on environmental policies; prohibit. Amends sec. 210 of 1996 PA 354 (MCL 487.3210) & adds sec. 401a.

HB 5239 prohibits savings banks in Michigan from denying, restricting, or canceling financial services to agriculture producers based on their greenhouse gas emissions, fossil fuel fertilizer use, or fossil fuel-powered machinery. It directly affects savings banks (which must stop such restrictions) and agriculture producers (who gain protection from service denials tied to environmental factors). The bill creates a presumption of violation if a bank with an environmental/social commitment denies services, but allows banks to rebut this with evidence showing the decision was based solely on ordinary business reasons unrelated to environmental goals. Violations carry a civil fine of up to $10,000.