I 118th CONGRESS 1st Session H. R. 3021 IN THE HOUSE OF REPRESENTATIVES April 28, 2023 Mr. Mooney (for himself, Mr. Rose , Mr. Sessions , Mr. Norman , Mr. Ogles , Mr. Williams of Texas , Mr. Newhouse , Mr. Bean of Florida , Mr. Biggs , Mr. Self , Mrs. Fischbach , Mr. Moolenaar , Mr. Zinke , Mr. Perry , Mr. Crenshaw , Mr. Jackson of Texas , Mr. Gosar , Mrs. Boebert , and Mr. Cloud ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To prohibit the use of a merchant category code that separately identifies firearms merchants or ammunition merchants, and for other purposes.

1. Short title This Act may be cited as the Protecting the Second Amendment in Financial Services Act . 2. Merchant category code limitations with respect to firearm merchants Section 127 of the Truth in Lending Act ( 15 U.S.C. 1637 ) is amended by inserting after subsection (p) the following: (q) Merchant category code limitations with respect to firearm merchants (1) In general A covered entity may not use a merchant category code that separately identifies firearms merchants or ammunition merchants. (2) Covered entity defined For the purposes of this subsection, the term covered entity means any entity— (A) involved in facilitating or processing a credit card transaction, including a bank, an acquirer, payment card network, or payment card issuer; or (B) otherwise participates in the authorizing, clearing, or settling of a credit card transaction. .