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Stock impact report

New California bill would ban line skipping service Clear from airports in name of equity [FOX Business Network]

Southwest Airlines Company (LUV) 
Last southwest airlines company earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.southwest.com
New legislation being proposed in California would ban the expedited security screening company Clear from operating in the state's airports, as proponents say the service raises equity issues given it effectively lets wealthier people skip ahead of passengers waiting in line to be screened by Transportation Security Administration (TSA) agents. The bill, SB-1372, the first of its kind in the U.S., would require third-party vendors like Clear to get their own dedicated security lane or lose the ability to operate in California airports. Clear charges members $189 per year to verify passengers' identities at airports, allowing them to bypass TSA checkpoints. The service is in use at more than 55 airports across the U.S., as well as at dozens of sports stadiums and other venues, according to its website. Members verify their identity at Clear kiosks. It is separate to the TSA Pre-Check, although many Clear members use both services. State Sen. Josh Newman, a Democrat, is sponsori Show less Read more
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