Bill would prevent banks from separately marking, denying firearm purchases

Published



(The Center Square) – Credit card companies and banks cannot require firearms retailers to be identified by a separate code nor can they deny a legal firearms purchase based on that code under a bill passed by the Tennessee Senate.

Senate Bill 2223 prevents banks and credit card companies from requiring those retailers to have a separate merchant category code to separate firearms purchases. The bill protects financial records of firearms purchases from being disclosed unless required by law.

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