Panel approves bill to bar a firearm-specific merchant code for state transactions

Mar 12, 2024

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.

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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 the merchant category code (MCC 5723) was briefly implemented by a card-processing vendor and that some states have moved to use a specific firearm MCC; HB 1018 would prevent that change in Georgia and prohibit any other indicator code from singling out firearm retailers.

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