SB301 establishes the "Second Amendment Financial Privacy Act" to protect the financial privacy of firearms and ammunition retailers. The law prohibits government entities from maintaining registries of privately owned firearms or their owners, except during active criminal investigations or as otherwise required by law. It also restricts financial institutions and payment card networks from assigning merchant category codes that specifically identify firearm retailers or from declining transactions based solely on such codes. The Attorney General is authorized to investigate alleged violations and seek injunctions if necessary.
The Louisiana State Senate passed SB301 on May 28, 2024 by a vote of 27 to 9. We have assigned pluses to the ayes because this bill prevents the unlawful use of credit card payment information to track firearms purchases. Recent adoption of a new merchant category code for “gun and ammunition shops” by the International Organization for Standardization (ISO)—a globalist collaborative linked to the United Nations—aids unconstitutional efforts by the federal government to conduct mass surveillance, which, in part, is intended to create a national gun-owner database and confiscate firearms from law-abiding citizens. States should nullify any such actions taken by private or public entities, that frustrate, if not blatantly violate, the Second and Fourth Amendment rights of the American people.
