The proposed bill, if enacted, would introduce significant updates to current Arizona statutes regarding firearm transactions. It would establish the "Second Amendment Financial Privacy Act," which would explicitly prohibit government entities from maintaining any records or registries of privately owned firearms or their owners, except in cases related to criminal investigations. Additionally, the bill would prevent payment card networks from using merchant category codes that distinguish firearm retailers from other retailers, thereby ensuring that such retailers are treated the same as other businesses in financial transactions.

Furthermore, the bill would grant exclusive enforcement authority to the Attorney General or county attorneys, requiring them to investigate alleged violations and issue written notices to violators. If violations are not addressed within 30 business days, the Attorney General or county attorney would be empowered to seek injunctions and civil penalties against non-compliant entities. The bill also defines key terms related to firearms and transactions, ensuring clarity in its application. Overall, these changes aim to enhance privacy for firearm owners and limit the tracking of firearm-related transactions.

Statutes affected:
Introduced Version: 44-7851, 44-7853
Senate Engrossed Version: 44-7851, 44-7853