23RS HB 221

House Bill 221

Actions

Last Action	02/08/23: to Committee on Committees (H)
Title	AN ACT relating to purchases from licensed gun dealers.
Bill Documents	Introduced
Bill Request Number	256
Sponsors	D. Lewis, J. Bray
Summary of Original Version	Create a new section of KRS Chapter 367 to prohibit credit card companies, financial institutions, or other persons engaged in the offering, administering, facilitating, or servicing of a revolving credit plan from using a merchant category code or other method that categorizes purchases from licensed gun dealers separately from other retailers; establish remedies, powers, and duties of the Attorney General for a violation; provide for a cause of action for any person damaged by a violation of the prohibition on using certain merchant category codes or other methods; amend KRS 367.990 to establish civil penalties for a violation; create a new section of KRS Chapter 45A to establish requirements for a governmental body contracting for financial services or products relating to payment card processing; provide that the requirements on contracts with a governmental body apply to contracts entered into on or after the effective date of the Act.
Index Headings of Original Version	Firearms and Weapons - Purchases with revolving line of credit, tracking and other activities, prohibition Loans and Credit - Revolving line of credit, purchases, licensed gun dealers, prohibit tracking and other activities State Agencies - Contracts, financial services and products relating to payment card processing, requirements Attorney General - Firearm purchases with revolving line of credit, tracking and other activities, enforcement Banks and Financial Institutions - Revolving line of credit, purchases, licensed gun dealers, prohibit tracking and other activities Civil Actions - Firearm purchases with revolving line of credit, tracking and other activities Consumer Affairs - Revolving line of credit, purchases, licensed gun dealers, prohibit tracking and other activities Contracts - Governmental body, financial services and products relating to payment card processing, requirements