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AR HB1443
Bill
Status
5/5/2025
Primary Sponsor
Aaron Pilkington
Click for details
AI Summary
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Prohibits financial institutions and payment networks from using "firearms codes" (merchant category codes) that distinguish firearms retailers from general merchandise or sporting goods retailers in Arkansas
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Bars discrimination against firearms retailers, including declining lawful transactions, refusing to do business, or charging higher fees based on firearms-related merchant codes
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Prohibits government entities and other persons from maintaining lists or registries of privately owned firearms or their owners, except during criminal investigations
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Grants the Attorney General authority to investigate violations and seek injunctions, with violators given 30 days (up to 120 days with extension) to cease using firearms codes after written notice
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Allows civil penalties up to $10,000 per violation for knowingly failing to comply with an injunction, plus recovery of investigative costs and attorney's fees
Legislative Description
To Create The Second Amendment Financial Privacy Act; To Prohibit Financial Institutions And Payment Networks From Using Certain Discriminatory Practices; And To Provide For Enforcement Of Violations.
Last Action
Died in House Committee at Sine Die adjournment.
5/5/2025