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S. 3539 (115th): No Red and Blue Banks Act

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About the bill

Should the government award contracts to banks which refuse to lend to certain firearms dealers?


In the wake of several recent mass shootings earlier this year, Citibank and Bank of America announced they will no longer lend to those who sell bump stocks such as those used in last year’s Las Vegas massacre, produce assault weapons for non-military purposes, or sell firearms to anybody under age 21 or who hasn’t passed a background check.

In the taxpayer-funded bank bailouts of 2008–09, Citigroup received $476.2 billion while Bank of America got $336.1 billion. In addition, the federal government awards large contracts to those banks and others for services.

What the bill does

The No Red and Blue Banks Act would prevent the federal government (specifically ...

Sponsor and status

John Kennedy

Sponsor. Junior Senator for Louisiana. Republican.

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Last Updated: Oct 2, 2018
Length: 2 pages
Oct 2, 2018
115th Congress (2017–2019)
Died in a previous Congress

This bill was introduced on October 2, 2018, in a previous session of Congress, but it did not receive a vote.



Oct 2, 2018

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

S. 3539 (115th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number S. 3539. This is the one from the 115th Congress.

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

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