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He 2nd Amendment Financial Privacy Act prohibits a payment settlement entity, merchant acquiring entity, or a third-party settlement organization from assigning a merchant category code or otherwise classifying a merchant that is a seller of firearms or ammunition separately from general merchandise retailers or sporting goods retailers.
Titled the Second Amendment Financial Privacy Act, the legislation would prohibit a financial institution operating in Texas from requiring or assigning a firearms code, which is defined as "any merchant category code approved by the International Organization for Standardization for a firearms retailer, including Merchant Category Code 5723."
Florida Commissioner of Agriculture Wilton Simpson is today applauding the Florida Legislature
The 2nd Amendment Financial Privacy Act would prohibit a payment settlement entity, merchant acquiring entity, or a third-party settlement organization from assigning a merchant category code or otherwise classifying a merchant that is a seller of firearms or ammunition separately from general merchandise retailers or sporting goods retailers.
Titled the Second Amendment Financial Privacy Act, the legislation would prohibit a financial institution operating in North Dakota from requiring or assigning a firearms code.