Financial services; prohibiting financial institutions from refusing certain services; authorizing customers to request certain information; Effective date.

SB 1515 prohibits large financial institutions (those with over $100 billion in assets or transaction volume) from refusing, restricting, or terminating financial services based on a customer's exercise of protected activities. These include religious practices, political speech, refusal to disclose political contributions, environmental choices, diversity initiatives, or business associations (like with gun or fossil fuel industries). The bill requires institutions to provide written reasons for service denials within 14 days and amends Oklahoma’s Consumer Protection Act to allow customers to seek civil penalties of $10,000 per violation, or up to $30,000 if willful. It directly affects major banks and payment processors operating in Oklahoma and aims to prevent discrimination tied to constitutionally protected conduct.