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Titled the Second Amendment Financial Privacy Act, the legislation would “prohibit a financial institution from requiring merchants to use a merchant category code (MCC) to distinguish a firearms retailer from a general merchandise retailer or a sporting goods retailer during a firearms transaction amounting to financial surveillance and from disclosing financial information regarding the transaction.” ....
Alabama House and Senate committees passed the Second Amendment Financial Privacy Act, a bill that would prohibit financial institutions operating in the state from using a credit card merchant code to enable the tracking of firearm and ammunition purchases. ....
Titled the “Second Amendment Financial Privacy Act,” the bills would prohibit a financial institution operating in Alabama from “requiring merchants to use a merchant category code (MCC) to distinguish a firearms retailer from a general merchandise retailer or a sporting goods retailer during a firearms transaction amounting to financial surveillance and from disclosing financial information regarding the transaction.” ....