[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1224 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 1224
To prohibit the use of a merchant category code that separately
identifies firearms merchants or ammunition merchants, and for other
purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 12, 2025
Mr. Ogles (for himself, Mr. Norman, Mr. Grothman, Mr. Williams of
Texas, Mr. Finstad, Mr. Rose, Mr. Newhouse, Mr. Moolenaar, Ms. Hageman,
Mr. Weber of Texas, Mr. Gosar, Mr. Edwards, Mr. Gill of Texas, and Mr.
Biggs of Arizona) introduced the following bill; which was referred to
the Committee on Financial Services
_______________________________________________________________________
A BILL
To prohibit the use of a merchant category code that separately
identifies firearms merchants or ammunition merchants, and for other
purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Protecting the Second Amendment in
Financial Services Act''.
SEC. 2. MERCHANT CATEGORY CODE LIMITATIONS WITH RESPECT TO FIREARM
MERCHANTS.
Section 127 of the Truth in Lending Act (15 U.S.C. 1637) is amended
by inserting after subsection (p) the following:
``(q) Merchant Category Code Limitations With Respect to Firearm
Merchants.--
``(1) In general.--A covered entity may not use a merchant
category code that separately identifies firearms merchants or
ammunition merchants.
``(2) Covered entity defined.--For the purposes of this
subsection, the term `covered entity' means any entity--
``(A) involved in facilitating or processing a
credit card transaction, including a bank, an acquirer,
payment card network, or payment card issuer; or
``(B) otherwise participates in the authorizing,
clearing, or settling of a credit card transaction.''.
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