Protecting Privacy in Purchases Act
The source supplies the latest action, but no lifecycle stage.
Latest action (23 Feb 2024): Referred to the House Committee on Financial Services.
What this bill does
H.R. 7450, the Protecting Privacy in Purchases Act, would prohibit payment card networks and other covered entities from using or assigning specific merchant category codes that distinguish businesses selling firearms from those selling general merchandise or sporting goods. The bill defines a "firearms retailer" as a business lawfully selling firearms or ammunition.
The Department of Justice would be responsible for enforcing these provisions. It would need to establish a process for individuals and firearms retailers to submit complaints of violations and investigate them. If a violation is found, the Attorney General would notify the responsible entity, giving them 30 days to fix the issue. If the violation is not remedied, the Attorney General could pursue legal action to stop the practice. The bill also preempts state and local laws on this matter.
Currently, H.R. 7450 has been introduced in the House of Representatives and referred to the Committee on Financial Services. If passed by the House, it would then move to the Senate for consideration. The Attorney General would also be required to report annually to Congress on investigations and cases related to the bill.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Official summary
Protecting Privacy in Purchases Act
This bill prohibits payment card networks from using merchant codes that distinguish firearms retailers from other retailers.
The Department of Justice must enforce this bill and report annually on the resulting investigations and cases.
Timeline
23 Feb 2024
Referred to the House Committee on Financial Services.
Common questions
- What does H.R. 7450 do?
- H.R. 7450, the Protecting Privacy in Purchases Act, would prohibit payment card networks and other covered entities from using or assigning specific merchant category codes that distinguish businesses selling firearms from those selling general merchandise or sporting goods. The bill defines a "firearms retailer" as a business lawfully selling firearms or ammunition. The Department of Justice would be responsible for enforcing these provisions. It would need to establish a process for individuals and firearms retailers to submit complaints of violations and investigate them. If a violation is found, the Attorney General would notify the responsible entity, giving them 30 days to fix the issue. If the violation is not remedied, the Attorney General could pursue legal action to stop the practice. The bill also preempts state and local laws on this matter. Currently, H.R. 7450 has been introduced in the House of Representatives and referred to the Committee on Financial Services. If passed by the House, it would then move to the Senate for consideration. The Attorney General would also be required to report annually to Congress on investigations and cases related to the bill.
- Has H.R. 7450 become law?
- The source does not supply a confirmed lifecycle stage for H.R. 7450. Check the latest action and official source below.
- Who sponsored H.R. 7450?
- H.R. 7450 was sponsored by Rep. Stefanik, Elise M. [R-NY-21] (R-NY), with 123 cosponsors.
- What's the latest action on H.R. 7450?
- Referred to the House Committee on Financial Services. (23 Feb 2024).
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