No Red and Blue Banks Act
This bill prohibits the General Services Administration from awarding a contract to a bank or savings association insured by the Federal Deposit Insurance Corporation if the institution avoids doing business with companies based solely on social policy considerations.
To prohibit the General Services Administration from awarding contracts 
 to certain insured depository institutions that avoid doing business 
with certain companies that are engaged in lawful commerce based solely 
                    on social policy considerations.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``No Red and Blue Banks Act''.

SEC. 2. INSURED DEPOSITORY INSTITUTIONS.

    (a) In General.--The General Services Administration may not award 
a contract to an insured depository institution, as defined in section 
3 of the Federal Deposit Insurance Act (12 U.S.C. 1813), or an 
affiliate of a depository institution if the insured depository 
institution or affiliate avoids doing business with certain companies 
that the insured depository institution or affiliate believes are 
engaged in lawful commerce based solely on social policy 
considerations.
    (b) Applicability.--This Act shall not apply to any contract 
awarded before the date of enactment of this Act.
                                 <all>
No Red and Blue Banks Act
To prohibit the General Services Administration from awarding contracts to certain insured depository institutions that avoid doing business with certain companies that are engaged in lawful commerce based solely on social policy considerations.
No Red and Blue Banks Act
Rep. Budd, Ted