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HB 1074 IN

Firearms financial transactions.

IN · session 2025 · Assembly / House · bill

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Introduced Jan 8, 2025

Latest action (Feb 3, 2025) Representative Smith H added as coauthor

Summary

Amends the Indiana Code chapter concerning the privacy of firearms financial transactions as follows: (1) Amends the definition of "firearm" to specify that a firearm component includes castings and products used in designing, manufacturing, assembling, or fabricating firearms or firearm components. (2) Prohibits a financial services provider from: (A) refusing to provide to a firearms retailer; (B) terminating an existing business relationship to provide to a firearms retailer; or (C) offering or providing on less favorable terms and conditions to a firearms retailer; any service to facilitate or process payment card transactions, solely on the basis of the firearms retailer's status as a firearms retailer. (3) Provides an exemption from these prohibitions if a prohibited action is taken: (A) to comply with federal or state law or a court order; or (B) at the request of a law enforcement agency in connection with an active criminal investigation.

Sponsor (1)

3 coauthors / cosponsors

Action history (6)

  1. Jan 8, 2025 First reading: referred to Committee on Financial Institutions · lower
  2. Jan 8, 2025 Authored by Representative Haggard · lower
  3. Jan 9, 2025 Representative Smith H added as coauthor · lower
  4. Jan 27, 2025 Representative Smith H removed as coauthor · lower
  5. Jan 27, 2025 Representatives Teshka and Prescott added as coauthors · lower
  6. Feb 3, 2025 Representative Smith H added as coauthor · lower
Subjects
FINANCIAL SERVICES; Financial InstitutionsFIREARMS AND WEAPONSTRADE REGULATIONS; Consumer Credit and Consumer Protection (Including the Uniform Consumer Credit Code (UCCC))

Full text

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