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Panel approves bill to bar a firearm-specific merchant code for state transactions
Banking and Financial Institutions · March 12, 2024
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Summary
Committee unanimously approved House Bill 1018 to prohibit using a new merchant category code that would identify firearm retailers and to require older, generic merchant codes instead; supporters said the change prevents tracking and singling out of firearm businesses.
A presenter introduced House Bill 1018 (LC550207 S), which would bar the use of a merchant category code that identifies firearm retailers and require the state to treat such merchants under existing generic codes (sporting goods/general merchandise). The presenter said…
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