SB 24-066 - Authorizes Tracking Gun and Ammunition Purchases Through Payment Networks - Colorado Key Vote

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Title: Authorizes Tracking Gun and Ammunition Purchases Through Payment Networks

Vote Smart's Synopsis:

Vote to pass a bill that authorizes tracking gun and ammunition purchases through payment networks in the state of Colorado.

Highlights:

  • Requires certain networks that facilitate payment transactions to make the merchant category code for firearms and ammunition (code) available to merchant acquirers (processors) who process transactions for firearms merchants (Sec. 2).

  • Requires that processors must assign the code to each firearms merchant to which the processor provides services (Sec. 2).

  • Specifies that the attorney general’s office has the exclusive authority to enforce the provisions of this bill and shall give violators 30 days to remedy violations or face a civil penalty of up to $10,000 for each violation (Sec. 2).

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the governor (Sec. 2).

See How Your Politicians Voted

Title: Authorizes Tracking Gun and Ammunition Purchases Through Payment Networks

Vote Smart's Synopsis:

Vote to pass a bill that authorizes tracking gun and ammunition purchases through payment networks in the state of Colorado.

Highlights:

  • Requires certain networks that facilitate payment transactions to make the merchant category code for firearms and ammunition (code) available to merchant acquirers (processors) who process transactions for firearms merchants (Sec. 2).

  • Requires that processors must assign the code to each firearms merchant to which the processor provides services (Sec. 2).

  • Specifies that the attorney general’s office has the exclusive authority to enforce the provisions of this bill and shall give violators 30 days to remedy violations or face a civil penalty of up to $10,000 for each violation (Sec. 2).

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the governor (Sec. 2).

Title: Authorizes Tracking Gun and Ammunition Purchases Through Payment Networks

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