Should gun store sales get special credit card tracking? States split on mandating or prohibiting it

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Gun News

Gun Store,Credit Card,Sales

Beginning Monday, a California law will require credit card networks like Visa and Mastercard to provide banks with special retail codes that can be assigned to gun stores in order to track their sales.

But new laws will do the exact opposite in Georgia, Iowa, Tennessee and Wyoming by banning the use of specific gun shop codes.The conflicting laws highlight what has quietly emerged as one of the nation's newest gun policy debates, dividing state capitols along familiar partisan lines.

About 4% of annual reports lead to follow-up by law enforcement and an even smaller percentage to prosecution, according to the Bank Policy Institute, a trade group representing large banks.Stores that sell guns have previously been grouped with other retailers in merchant category codes. Some have been classified as sporting goods stores, others as miscellaneous and specialty retail shops.

 

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