If enacted, this bill would introduce the "Second Amendment Financial Privacy Act," which would amend current statutes to prohibit government entities from maintaining records of privately owned firearms or their owners, except in the context of criminal investigations or as required by law. It would also prevent payment card networks from requiring or incentivizing the use of merchant category codes that distinguish firearm retailers from other retailers. Additionally, the bill would define key terms such as "ammunition," "firearm retailer," and "payment card network," and establish the Attorney General or county attorney as the exclusive enforcers of these provisions.

The bill would also outline the enforcement process, requiring the Attorney General or county attorney to investigate alleged violations, issue written notices, and file injunctions if violations are not addressed within 30 business days. It would allow for civil penalties of up to $1,000 for non-compliance with injunctions, while also specifying that the remedies provided in the bill are exclusive. Overall, the bill aims to enhance the privacy of firearm ownership and transactions by limiting governmental oversight and categorization of firearm-related businesses.

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