{"id":2230249,"date":"2024-04-25T16:12:02","date_gmt":"2024-04-25T20:12:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tennessee-governor-signs-bill-preventing-financial-institutions-from-conducting-unauthorized-surveillance-of-gun-buyers\/"},"modified":"2024-04-25T16:17:11","modified_gmt":"2024-04-25T20:17:11","slug":"tennessee-governor-signs-bill-preventing-financial-institutions-from-conducting-unauthorized-surveillance-of-gun-buyers","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tennessee-governor-signs-bill-preventing-financial-institutions-from-conducting-unauthorized-surveillance-of-gun-buyers\/","title":{"rendered":"Tennessee Governor Enacts Law to Protect Privacy of Gun Buyers from Financial Institutions"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftennessee-governor-signs-bill-preventing-financial-institutions-from-conducting-unauthorized-surveillance-of-gun-buyers%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2230249&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Tennessee Governor Bill Lee signed a law prohibiting financial institutions from tracking gun purchases. House \u200bBill\u200b 2762, the \u201cSecond \u200cAmendment \u2064Financial Privacy Act,\u201d prevents banks from using specific codes for \u2064gun transactions. This\u200b law also stops <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/credit-card-companies-make-big-announcements-about-pornhub-following-horrifying-claims\/\" title=\"Credit Card Companies Make Big Announcements About Pornhub Following Horrifying Claims\">credit card companies<\/a> from categorizing gun sales separately. Representative Grills introduced the bill to protect Second Amendment rights \u200dby preventing a database of gun buyers.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p>Tennessee Republican Governor Bill Lee signed a bill into law earlier this week that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/desantis-signs-bill-curbing-financial-use-of-woke-investment-principles\/\" title=\"DeSantis signs bill limiting 'woke' investment practices.\">prohibits financial institutions<\/a>, such as banks and credit card companies, from specifically tracking gun and ammunition purchases.<\/p>\n<p><a href=\"https:\/\/wapp.capitol.tn.gov\/apps\/BillInfo\/Default.aspx?BillNumber=HB2762\" target=\"_blank\" rel=\"noopener\">House Bill 2762<\/a>, also called the \u201cSecond Amendment Financial Privacy Act,\u201d prohibits financial institutions from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-jersey-attorney-general-moves-ahead-with-firearm-micro-stamping-regulations\/\" title=\"NJ attorney general pushes forward with firearm 'micro-stamping' rules.\">requiring gun retailers<\/a> to use a specific merchant code \u201cthat distinguishes a firearms retailer from a general merchandise retailer or a sporting goods retailer.\u201d All retailers are assigned merchant codes based on what they sell, allowing banks and credit card companies to track purchasing patterns and protect against fraud. Gun retailers\u2019 merchant codes are usually included with those of other shops, like sporting goods stores.<\/p>\n<p>State Rep. Rusty Grills, a Republican, introduced the legislation earlier this year after credit card companies Visa and Mastercard <a href=\"https:\/\/www.dailywire.com\/news\/visa-to-categorize-sales-at-gun-stores-in-win-for-gun-control-advocates\" target=\"_blank\" rel=\"noopener\">announced<\/a> plans to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/florida-issues-forceful-response-to-credit-card-companies-that-want-to-track-gun-and-ammo-sales\/\" title=\"Florida Issues Forceful Response To Credit Card Companies That Want To Track Gun And Ammo Sales\">separately categorize firearm<\/a> and ammunition purchases in 2022.<\/p>\n<p>The \u201cSecond Amendment Financial Privacy Act\u201d also prohibits financial institutions from declining credit card transactions \u201cbased solely on the assignment or non-assignment of a firearms merchant category code\u201d and outlaws government entities from keeping a registry of privately owned firearms or gun owners in the state.<\/p>\n<p>Rep. Grills told The Daily Wire in a phone conversation on Thursday that he introduced the legislation to \u201cprotect the Second Amendment rights of all those in Tennessee\u201d by preventing financial institutions from creating \u201ca database\u201d of gun buyers, a possibility Grills said is troubling because many corporations are being led by \u201ccapitalist woke folks.\u201d Grills added that this new law will preempt any potential future efforts by institutions to interfere with Tenesseeans\u2019 Second Amendment rights.<\/p>\n<p>\u201cWe would rather be able to protect our rights from the beginning rather than have to fight for our rights back at the end,\u201d Grills said.<\/p>\n<p>The bill passed the state House and Senate earlier this month before it was signed into law by Gov. Lee on Tuesday.<\/p>\n<p>In 2022, the International Organization for Standardization (IOS) \u2014 which develops proprietary, industrial, and commercial standards \u2014 <a href=\"https:\/\/www.reuters.com\/world\/exclusive-global-standards-body-approves-new-merchant-code-gun-sellers-2022-09-09\/\" target=\"_blank\" rel=\"noopener\">approved<\/a> a new merchant code specifically for gun retailers.<\/p>\n<p><b><a href=\"https:\/\/onelink.to\/dwapp\" target=\"_blank\" rel=\"noopener noreferrer\" aria-describedby=\"sk-tooltip-9096\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/onelink.to\/dwapp&#038;source=gmail&#038;ust=1714129450076000&#038;usg=AOvVaw11MUL_oXewNl-yGfGqnuu8\">CLICK HERE TO GET THE DAILYWIRE+ APP<\/a><\/b><\/p>\n<p>Shortly after the IOS approved the change, credit card companies took the step of categorizing gun purchases separately from all other purchases. At the time, congressional Democrats were also <a href=\"https:\/\/twitter.com\/SenWarren\/status\/1567214955690135552?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1567214955690135552%7Ctwgr%5Ef5ec583f964c1dc4fbe19556fa5ca458046587c1%7Ctwcon%5Es1_&#038;ref_url=https%3A%2F%2Fnews.dailywire.com%2Fwp-admin%2Fpost.php%3Fpost%3D728687action%3Dedit\" target=\"_blank\" rel=\"noopener\">urging<\/a> Visa, Mastercard, and American Express to \u201cdo more to help stop mass shootings.\u201d<\/p>\n<p>Those three credit card companies, however, paused plans to track gun purchases a few months later after Republican lawmakers and attorneys general <a href=\"https:\/\/www.dailywire.com\/news\/23-republican-ags-warn-credit-card-companies-to-abandon-plan-to-identify-gun-sales\" target=\"_blank\" rel=\"noopener\">warned<\/a> the payment processors of the constitutional ramifications of their proposal. But in February of this year, Visa, Mastercard, and American Express moved forward with a plan to potentially track gun purchases in California, CBS News <a href=\"https:\/\/www.cbsnews.com\/news\/american-express-visa-mastercard-gun-merchant-code\/\">reported<\/a>.<\/p>\n<p>While multiple Republican-led state legislatures have passed bans on the specific merchant code for gun retailers, California passed a law requiring gun retailers to adopt the merchant code by May 2025.<\/p>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tennessee&#8217;s Gov. Bill Lee recently signed House Bill 2762, known as the \u201cSecond Amendment Financial Privacy Act,\u201d barring financial institutions from monitoring gun and ammo purchases. The law prevents banks from dictating merchant codes for gun transactions, safeguarding the privacy of gun buyers in the state<\/p>\n","protected":false},"author":324,"featured_media":2230250,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/dw-wp-production.imgix.net\/2024\/04\/GettyImages-1435395254-scaled-e1714060504919.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2230249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/dw-wp-production.imgix.net\/2024\/04\/GettyImages-1435395254-scaled-e1714060504919.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2230249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/324"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2230249"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2230249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2230250"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2230249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2230249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2230249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}