Protecting the Second Amendment in Financial Services Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 18
- Latest action
- Feb 12, 2025
What it does
The bill would prohibit financial institutions and payment processors from using merchant category codes that specifically identify firearms or ammunition merchants, aiming to prevent the tracking of such transactions. It applies to banks, payment card networks, issuers, acquirers, and any entity involved in processing credit card transactions. The measure amends the Truth in Lending Act to enforce this restriction on covered entities engaged in authorizing, clearing, or settling credit card payments.
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.