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Citigroup Inc. is starting to cover travel costs for employees seeking abortion after several states including Texas implemented or proposed a near-total ban on abortions.
“In response to changes in reproductive health-care laws in certain states in the U.S., beginning in 2022 we provide travel benefits to facilitate access to adequate resources,” the bank wrote in a filing for its shareholders meeting set for April 26.
The policy will cover expenses, such as airfare and lodging, that employees in places including Texas may incur if they’re forced to travel to receive an abortion, according to a person with knowledge of the matter.
In Texas, where Citigroup has more than 8,500 employees, Governor Greg Abbott signed legislation last year that banned abortion after a fetal heartbeat is detected, which can occur as early as six weeks. Under the law, individuals can sue doctors, clinic workers and others who help a woman end an unwanted pregnancy past the cutoff date. Texas and some other states have also sought to restrict medication-induced abortions.
Citigroup, led by Chief Executive Officer Jane Fraser, already has spent years in the Lone Star State’s crosshairs. The New York-based bank is seeking to revive its underwriting business in Texas after a law barred local governments from working with companies that discriminate against firearm...
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https://fortune.com/2022/03/16/citigroup-employees-travel-expenses-abortion-a...