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Oklahoma Advances Bill to Bar Banks From Muni Deals Over Gun Policies

Oklahoma lawmakers advanced a bill that would bar the state from working with companies that have restrictive gun policies, a step that could hurt Wall Street’s public-finance business there. 

On Wednesday, the Oklahoma Senate passed the bill, HB 3144, which already cleared the state’s House of Representatives. The measure has a dozen Republican sponsors in the legislature and was backed by the National Shooting Sports Foundation, a firearms trade association, according to Republican Representative Kevin West, a sponsor.