Bill

Bill > SB2223


TN SB2223

TN SB2223
AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 6; Title 29; Title 38; Title 39; Title 45 and Title 47, relative to merchant codes.


summary

Introduced
01/30/2024
In Committee
Crossed Over
03/21/2024
Passed
04/23/2024
Dead
Signed/Enacted/Adopted
05/01/2024

Introduced Session

113th General Assembly

Bill Summary

As enacted, enacts the "Second Amendment Financial Privacy Act." - Amends TCA Title 8, Chapter 6; Title 29; Title 38; Title 39; Title 45 and Title 47.

AI Summary

This bill, known as the "Second Amendment Financial Privacy Act," amends Tennessee law to prohibit government entities and financial institutions from maintaining lists or records of privately owned firearms or their owners, and from requiring or permitting the assignment of a "firearms code" that would allow the identification of firearms retailers or transactions involving firearms and ammunition. The bill provides exceptions for complying with applicable laws, customer requests, fraud controls, and merchant category exclusions for expenditure or corporate card control. The Attorney General is tasked with investigating and enforcing violations of the law, which can result in injunctions and civil fines for non-compliance.

Committee Categories

Business and Industry

Sponsors (15)

Last Action

Effective date(s) 07/01/2024 (on 05/01/2024)

Taxonomy

Banking, Finance, and Domestic Commerce
  • ‐ Banking System and Financial Institution Regulation and Reform
Civil Rights, Minority Issues, and Civil Liberties
  • ‐ Right to Privacy and Access to Government Information
Law, Crime, and Family Issues
  • ‐ Firearms and Gun Control

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