HB0253 • 2023

Credit card defense act.

AN ACT relating to banks, banking and finance; prohibiting the use of certain codes in financial transactions as specified; and providing for effective dates.

Firearms

Inactive

Wyoming marks this bill as inactive, which usually means it is no longer moving in the current session.

Sponsor: Representative Allemand
Last action: 2023-02-07
Official status: inactive
Effective date: 3/1/2023

Plain English Breakdown

The bill summary does not provide details on enforcement or penalties, leaving these aspects unclear.

Credit Card Defense Act

This act prohibits financial institutions from collecting personally identifying information during transactions involving firearms and ammunition in Wyoming.

What This Bill Does

It makes it illegal for financial institutions to collect personally identifying information during transactions involving the purchase of firearms and ammunition.
Financial transactions must use a specific merchant category code that only identifies these purchases as sporting goods.
The banking commissioner is required to create rules by July 1, 2023, to implement this act.

Who It Names or Affects

People who buy firearms and ammunition in Wyoming
Financial institutions and payment processing systems

Terms To Know

Merchant category code: A number used by banks to describe the type of business or transaction.
Personally identifying information: Information that can be used to identify a specific person, like their name or address.

Limits and Unknowns

The bill does not specify what happens if financial institutions do not follow the rules.
It is unclear how this act will affect international transactions involving firearms and ammunition.
This bill was marked as inactive in Wyoming, meaning it did not pass during the current session.

Bill History

2023-02-07 House
H:Died in Committee Returned Bill Pursuant to HR 5-4
2023-02-07 House
H No report prior to CoW Cutoff
2023-02-03 House
H09 - Minerals:Do Pass Failed 4-5-0-0-0
2023-01-26 House
H Introduced and Referred to H09 - Minerals
2023-01-25 House
H Received for Introduction
2023-01-25 LSO
Bill Number Assigned

Current Bill Text

Read the full stored bill text

23LSO-0700
2023
STATE OF WYOMING
23LSO-0700
Numbered
2.0

HOUSE BILL NO. HB0253

Credit card defense act.

Sponsored by: Representative(s) Allemand, Allred, Angelos, Bear, Berger, Conrad, Davis, Eklund, Haroldson, Hornok, Knapp, Lawley, Locke, Neiman, Ottman, Pendergraft, Singh, Slagle, Smith, Strock, Styvar, Tarver, Ward, Western and Winter and Senator(s) Biteman, Bouchard, Hutchings, Ide, Laursen, D and McKeown

A BILL

for

AN ACT relating to banks, banking and finance; prohibiting the use of certain codes in financial transactions as specified; and providing for effective dates.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 13
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10
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113 is created to read:

13
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10
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113.

Merchant code limitations.

Any international or domestic merchant category codes used in commerce in the state of Wyoming or by a Wyoming person for the purchase of firearms and ammunition shall only identify the items purchased using a merchant category code indicating sporting goods acquirement and all financial institutions, credit cards, financial technology or any payment processing system shall not generate or collect any personally identifying information except to identify these purchases as sporting goods. The commissioner shall adopt rules consistent with this section.

Section 2.

The banking commissioner shall adopt all rules necessary to implement this act on or before July 1, 2023.

Section 3
.

(a)

Except as provided in subsection (b) of this section, this act is effective July 1, 2023
.

(b)

Sections 2 and 3 of this act are effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

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HB0253