Bill · H.R. 1224· House(119-HR-1224)

Protecting the Second Amendment in Financial Services Act

Age: 55 years

Tennessee

Introduced: 2/12/2025
Last activity: 2/12/2025 — Referred to the House Committee on Financial Services.
Sponsored by: Andrew Ogles
Cosponsors: - 17 - 0

Commerce

Introduced
In Committee

What this bill would do

This bill is titled the "Protecting the Second Amendment in Financial Services Act." It aims to prohibit the use of specific merchant category codes that separately identify merchants of firearms or ammunition. The restrictions would apply to any covered entity involved in processing, authorizing, clearing, or settling credit card transactions. This includes banks, payment card networks, and card issuers.

Yes· 3 of 5

Would business owners be better off under this?+5
Firearms and ammunition merchants are protected from specific financial profiling and potential targeting through transaction codes.
Does this protect people from being watched or searched?+5
The bill enhances transaction privacy by prohibiting the specific identification of firearms or ammunition merchants through merchant category codes.
Does this protect the right to own guns?+5
The bill protects the ability of firearm merchants to conduct business without being specifically singled out by financial transaction codes.