Loading chat...
MO HB1629
Bill
Status
1/7/2026
Primary Sponsor
Willard Haley
Click for details
AI Summary
-
Prohibits financial institutions from using Merchant Category Code 5723 (firearms code) to distinguish Missouri firearms retailers from general merchandise or sporting goods retailers
-
Bans financial institutions from discriminating against firearms retailers by declining transactions, refusing business, or charging higher fees based on firearms code assignment
-
Prevents disclosure of financial records containing firearms codes collected in violation of the law, except as required by law
-
Authorizes the attorney general to investigate violations; firearms retailers and customers may petition for investigation or file court actions if no action is taken within 90 days
-
Establishes civil penalties up to $10,000 per violation for knowingly failing to comply with injunctions, plus recovery of attorney's fees and court costs
Legislative Description
Creates provisions relating to tracking of firearms purchases by financial institutions
Last Action
Referred: General Laws(H)
1/8/2026