Committee approves bill to prohibit firearm merchant‑category code usage in Arkansas transactions
Representatives Ricky Hill and Howard Beatty sponsored HB1509 to prohibit the use of an ISO merchant category code (5723) that identifies firearm and ammunition purchases; sponsors said the rule would protect community banks and consumer privacy, and the committee approved the bill by voice vote.
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Representative Howard Beatty and Ricky Hill, District 11, presented House Bill 1509 to prohibit firearm retailers’ electronic transactions from being labeled with a merchant‑category code that specifically identifies firearm or ammunition purchases (ISO code referenced in testimony as 5723).
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