Today a Texas law goes into effect that prohibits financial institutions operating in the state from requiring a credit card merchant code to track the purchases of firearms and ammunition.
The post Now in Effect: Texas Second Amendment Financial Privacy Act first appeared on Tenth Amendment Center.
The 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.
The post Now in Effect: Florida 2nd Amendment Financial Privacy Act first appeared on Tenth Amendment Center.
the new law prohibits a financial institution or its agent from requiring the usage of a firearms code in a way that distinguishes a firearms retailer physically located in the state of Idaho from Idaho general merchandise retailers or sporting goods retailers.
The post Idaho 2nd Amendment Financial Privacy Act Now in Effect first appeared on Tenth Amendment Center.
Titled the Second Amendment Financial Privacy Act, the new law prohibits 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.”
The post Texas Governor Signs Second Amendment Financial Privacy Act first appeared on Tenth Amendment Center.
The new law prohibits any West Virginia governmental entity from accessing or obtaining a record of a transaction involving a credit card that is retrieved, characterized, generated, labeled, sorted, or grouped based on the assignment of a firearms code without a warrant or a subpoena in most situations.
The post Now in Effect: West Virginia Law Prohibits Using Credit Card Information to Track Firearms Purchases Without a Warrant first appeared on Tenth Amendment Center.
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.”
The post To the Governor: Texas Passes Second Amendment Financial Privacy Act first appeared on Tenth Amendment Center.
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.
The post Florida 2nd Amendment Financial Privacy Act Signed as Law first appeared on Tenth Amendment Center.
a Maine committee held a hearing on a bill that would establish a state-chartered bank outside of the federal banking system authorized to issue transactional currency 100 percent backed by gold coins and bullion minted by the bank.
The post Maine Committee Holds Hearing on Bill to Create State Bank That Would Issue Gold-Backed Transactional Currency first appeared on Tenth Amendment Center.
The proposed law would ban financial institutions from using a firearms code in connection with a payment card transaction involving a firearm retailer in North Carolina. The bill would also prohibit a financial institution from knowingly maintaining a record of individuals residing in this State who own firearms. They could also not discriminate against any firearms sellers due to a firearms code by imposing different terms or declining lawful card transactions.
The post North Carolina Committee Passes 2nd Amendment Financial Privacy Act first appeared on Tenth Amendment Center.
Titled the Second Amendment Financial Privacy Act, the legislation would prohibit a financial institution operating in Texas from requiring or assigning a firearms code. A firearms code is defined as "any merchant category code approved by the International Organization for Standardization for a firearms retailer, including Merchant Category Code 5723."
The post Texas Committee Passes Second Amendment Financial Privacy Act first appeared on Tenth Amendment Center.