BILL NUMBER: S745
SPONSOR: MYRIE
 
TITLE OF BILL:
An act to amend the general business law, in relation to removing deal-
ers of ammunition from certain provisions regarding the use of certain
merchant category-codes by payment card networks
 
PURPOSE:
This chapter amendment makes technical changes to better align the
changes in the underlying bill with other states.
 
SUMMARY OF SPECIFIC PROVISIONS:
Section one removes the term "dealer of ammunition" from Merchant Cate-
gory Codes requirements in law.
Section two provides for the effective date.
 
JUSTIFICATION:
This chapter amendment aligns the New York statute relating to Merchant
Category Codes with similar provisions in California.
 
LEGISLATIVE HISTORY:
2024: Underlying bill (S.8479A) passed Senate 45-16.
 
FISCAL IMPLICATIONS:
To be determined.
 
EFFECTIVE DATE:
This act shall take effect on the same date and in the same manner as
chapter 430 of the laws of 2024 amending the general business law relat-
ing to requiring payment card networks to use certain merchant catego-
ry-codes for firearm merchants, as proposed in legislative bills numbers
S. 8479-A and A. 9862-A, takes effect.