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Subcommittee backs Second Amendment Privacy Act limiting financial tracking of gun purchases
Summary
The General Laws Subcommittee gave H.3930 a favorable report after testimony from banking representatives about merchant category codes and liability concerns; the bill would restrict creation or use of payment‑card or financial databases that identify firearm buyers.
The House General Laws Subcommittee voted to report H.3930, titled in testimony the “Second Amendment Privacy Act,” favorably to the full committee after hearing from industry and stakeholder witnesses about how financial networks classify and process firearm‑related purchases.
Sponsor comments and witness testimony described the bill as designed to prevent payment card networks, banks or other entities from creating or using databases that track individual purchases of firearms or ammunition through merchant category codes (MCCs) or other payment‑card transaction flags. Proponents framed the measure as…
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