Summary of Original Version

Create new sections of KRS Chapter 237 to prohibit financial institutions from requiring the use of a firearms code, discriminating against a firearms retailer as a result of the assignment or nonassignment of a firearms code, and disclosing protected financial information; prohibit keeping or causing to be kept any list, record, or registry of private firearm ownership; allow the Attorney General to enforce provisions; provide that the Act may be cited as the Second Amendment Privacy Act; EFFECTIVE January 1, 2025.

Summary of Amendment: House Committee Substitute 1

Summary Retain original provisions, except modify definitions; delete requirements for financial institutions; prohibit certain entities from requiring, incentivizing, or assigning a merchant category code that distinguishes a firearms retailer from other retailers; provide that the Attorney General has the sole authority to enforce Sections 1 and 2 of the Act; delete the effective date of January 1, 2025.

Summary of Amendment: House Floor Amendment 1 -- R. Roberts

Summary Retain original provisions; amend KRS 139.010 to define "firearm safe," "firearm safety course," and "firearm safety device"; amend KRS 139.480 to exempt firearm safes, firearm safety courses, and firearm safety devices; provide that the exemptions apply to sales or purchases made on or after August 1, 2024, but before August 1, 2028; require the Department of Revenue to report to the Interim Joint Committee on Appropriations and Revenue the amount of exemptions claimed; amend KRS 131.190 to allow the Department of Revenue to report the exemptions claimed.