Citigroup will pay travel costs for employee abortions in response to the Texas law.

Citigroup says it has begun protecting journey bills for workers who search abortions after a Texas regulation imposed essentially the most restrictive limits within the nation and prompted related proposals in different states.

“In response to modifications in reproductive well being care legal guidelines in sure states within the U.S., starting in 2022 we offer journey advantages to facilitate entry to enough sources,” the financial institution stated in a submitting on Tuesday.

About 8,500 of Citigroup’s 65,000 U.S. staff are in Texas.

The coverage places a Wall Road financial institution alongside smaller or newer corporations in responding to the Texas regulation, which bans abortion after about six weeks of being pregnant and provides the prospect of $10,000 rewards for profitable lawsuits towards anybody who “aids or abets” a lady who will get an abortion as soon as fetal cardiac exercise may be detected.

The regulation is the most recent blow to the Supreme Court docket’s landmark 1973 determination in Roe v. Wade, which prohibits states from banning the process earlier than a fetus is viable exterior the womb, or about 23 weeks of being pregnant. The Texas regulation’s novel strategy has survived courtroom challenges by placing its enforcement energy within the palms of the general public, fairly than the federal government.

Citigroup declined to touch upon the brand new coverage, which was reported earlier by Bloomberg Information. No different main financial institution has introduced any related coverage. JPMorgan Chase, Financial institution of America, Goldman Sachs and Morgan Stanley declined to touch upon Thursday.

Numerous corporations in different industries instituted insurance policies in opposition to the regulation after it went into impact in September. The relationship app Bumble created a relief fund for individuals in search of abortions within the state, Salesforce offered to relocate staff, and Lyft and Uber stated they might cowl authorized prices for drivers transporting girls to clinics to obtain abortions. Shar Dubey, the chief govt of Match Group — which runs on-line relationship websites together with Match.com, OKCupid and Tinder — created a fund to assist staff affected by the laws.