| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 1224 |
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| 5 | 5 | | To prohibit the use of a merchant category code that separately identifies |
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| 6 | 6 | | firearms merchants or ammunition merchants, and for other purposes. |
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| 7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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| 8 | 8 | | FEBRUARY12, 2025 |
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| 9 | 9 | | Mr. O |
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| 10 | 10 | | GLES(for himself, Mr. NORMAN, Mr. GROTHMAN, Mr. WILLIAMSof |
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| 11 | 11 | | Texas, Mr. F |
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| 12 | 12 | | INSTAD, Mr. ROSE, Mr. NEWHOUSE, Mr. MOOLENAAR, Ms. |
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| 13 | 13 | | H |
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| 14 | 14 | | AGEMAN, Mr. WEBERof Texas, Mr. GOSAR, Mr. EDWARDS, Mr. GILL |
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| 15 | 15 | | of Texas, and Mr. B |
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| 16 | 16 | | IGGSof Arizona) introduced the following bill; which |
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| 17 | 17 | | was referred to the Committee on Financial Services |
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| 18 | 18 | | A BILL |
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| 19 | 19 | | To prohibit the use of a merchant category code that sepa- |
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| 20 | 20 | | rately identifies firearms merchants or ammunition mer- |
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| 21 | 21 | | chants, and for other purposes. |
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| 22 | 22 | | Be it enacted by the Senate and House of Representa-1 |
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| 23 | 23 | | tives of the United States of America in Congress assembled, 2 |
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| 24 | 24 | | SECTION 1. SHORT TITLE. 3 |
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| 25 | 25 | | This Act may be cited as the ‘‘Protecting the Second 4 |
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| 26 | 26 | | Amendment in Financial Services Act’’. 5 |
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| 27 | 27 | | VerDate Sep 11 2014 21:45 Mar 08, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H1224.IH H1224 |
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| 28 | 28 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 29 | 29 | | •HR 1224 IH |
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| 30 | 30 | | SEC. 2. MERCHANT CATEGORY CODE LIMITATIONS WITH 1 |
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| 31 | 31 | | RESPECT TO FIREARM MERCHANTS. 2 |
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| 32 | 32 | | Section 127 of the Truth in Lending Act (15 U.S.C. 3 |
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| 33 | 33 | | 1637) is amended by inserting after subsection (p) the fol-4 |
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| 34 | 34 | | lowing: 5 |
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| 35 | 35 | | ‘‘(q) M |
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| 36 | 36 | | ERCHANTCATEGORYCODELIMITATIONS 6 |
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| 37 | 37 | | W |
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| 38 | 38 | | ITHRESPECT TOFIREARMMERCHANTS.— 7 |
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| 39 | 39 | | ‘‘(1) I |
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| 40 | 40 | | N GENERAL.—A covered entity may not 8 |
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| 41 | 41 | | use a merchant category code that separately identi-9 |
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| 42 | 42 | | fies firearms merchants or ammunition merchants. 10 |
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| 43 | 43 | | ‘‘(2) C |
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| 44 | 44 | | OVERED ENTITY DEFINED .—For the pur-11 |
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| 45 | 45 | | poses of this subsection, the term ‘covered entity’ 12 |
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| 46 | 46 | | means any entity— 13 |
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| 47 | 47 | | ‘‘(A) involved in facilitating or processing a 14 |
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| 48 | 48 | | credit card transaction, including a bank, an 15 |
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| 49 | 49 | | acquirer, payment card network, or payment 16 |
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| 50 | 50 | | card issuer; or 17 |
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| 51 | 51 | | ‘‘(B) otherwise participates in the author-18 |
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| 52 | 52 | | izing, clearing, or settling of a credit card 19 |
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| 53 | 53 | | transaction.’’. 20 |
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| 54 | 54 | | Æ |
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| 55 | 55 | | VerDate Sep 11 2014 21:45 Mar 08, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H1224.IH H1224 |
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| 56 | 56 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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