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Behind State-Level Momentum, Federal Anti-Credit Card Tracking Code Legislation Moves Forward

Talyn

SAINT
Founding Member
Last month, Arkansas Gov. Sarah Huckabee Sanders signed into law HB 1509, the Second Amendment Financial Privacy Act, bringing the total number of states with similar laws to 20. It’s a significant and positive development. The Second Amendment Privacy Act legislation – similarly titled in other states – prohibits financial institutions, credit card companies and payment processors from using a firearm retailer-specific Merchant Category Code (MCC) to track firearm and ammunition purchases.

 
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