Arizona bill targeting ‘discrimination’ against firearm industry vetoed

Arizona’s governor blocked an attempt to bar companies that “discriminate” against the firearm industry from state and local government contracts by vetoing the bill Tuesday. 

in January from underwriting government bonds in that state after the attorney general’s office said it will no longer approve any bond issues that included the investment bank as a purchaser or underwriter.

In 2018, Citigroup adopted a commercial firearms policy following a shooting at Marjory Stoneman Douglas High School in Parkland, Florida, that left 17 people dead, igniting demand for tougher gun control.

A study last year said Texas’ firearm discrimination law and another aimed at companies found to be boycotting fossil fuel businesses increase borrowing costs for issuers in the state.