Amd §529-a, Gen Bus L (as proposed in S.8479-A & A.9862-A)
Removes dealers of ammunition from certain provisions that require the use of certain merchant category-codes by payment card networks for firearm merchants.
NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A439
SPONSOR: Solages TITLE OF BILL:
An act to amend the general business law, in relation to removing deal-
ers of ammunition from certain provisions regarding the use of certain
merchant category-codes by payment card networks
PURPOSE OR GENERAL IDEA OF BILL:
The purpose of this bill is to effectuate an amendment to Chapter 430 of
the laws of 2024 (approval memo 10) related to requiring payment card
networks to use certain merchant category-codes for firearm merchants.
SUMMARY OF PROVISIONS:
Section one removes the definition of "dealer of ammunition" to clarify
that the bill covers "dealers of firearms" as they are defined in the
penal law.
Section two is the effective date.
JUSTIFICATION:
This chapter makes technical amendments to clarify Chapter 430 of the
laws of 2024.
PRIOR LEGISLATIVE HISTORY:
This bill is a chapter amendment to Chapter 430 of the laws of 2024.
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
None.
EFFECTIVE DATE:
This act shall take effect on the same date and in the same manner as a
chapter of the laws of 2024 amending general business law relating to
requiring payment card networks to use certain merchant category-codes
for firearms merchants, as proposed in legislative bills numbers
S.8479-A and A.9862-A takes effect.
STATE OF NEW YORK
________________________________________________________________________
439
2025-2026 Regular Sessions
IN ASSEMBLY(Prefiled)
January 8, 2025
___________
Introduced by M. of A. SOLAGES -- read once and referred to the Commit-
tee on Consumer Affairs and Protection
AN ACT to amend the general business law, in relation to removing deal-
ers of ammunition from certain provisions regarding the use of certain
merchant category-codes by payment card networks
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivisions 1 and 2 of section 529-a of the general busi-
2 ness law, as added by a chapter of the laws of 2024 amending the general
3 business law relating to requiring payment card networks to use certain
4 merchant category-codes for firearm merchants, as proposed in legisla-
5 tive bills numbers S. 8479-A and A. 9862-A, are amended to read as
6 follows:
7 1. For the purposes of this section, the following terms shall have
8 the following meanings:
9 (a) ["Dealer of ammunition" means any person who engages in the busi-
10 ness of purchasing, selling or keeping ammunition in this state.
11 (b)] "Dealer of firearms" means a gunsmith or dealers in firearms in
12 this state licensed pursuant to section 400.00 of the penal law, for
13 which the highest sales value is, or is expected to be, from the
14 combined sale in New York of firearms, firearm accessories, or ammuni-
15 tion, as stated by the business to its merchant acquirer in the ordinary
16 course of business.
17 [(c)] (b) "Firearm" has the same meaning as that term is defined in
18 subdivision three of section 265.00 of the penal law.
19 2. (a) On or before November first, two thousand twenty-four, each
20 payment card network shall make the merchant category-code for firearms
21 and ammunition businesses established by the international organization
22 for standardization on September ninth, two thousand twenty-two, avail-
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02700-01-5
A. 439 2
1 able for merchant acquirers that provide payment services for dealers of
2 [ammunition or dealers of] firearms.
3 (b) On and after May first, two thousand twenty-five, each merchant
4 acquirer shall assign to each dealer of [ammunition and dealer of]
5 firearms in this state the merchant category-code for firearms and ammu-
6 nition businesses established by the international organization for
7 standardization on September ninth, two thousand twenty-two.
8 § 2. This act shall take effect on the same date and in the same
9 manner as a chapter of the laws of 2024 amending the general business
10 law relating to requiring payment card networks to use certain merchant
11 category-codes for firearm merchants, as proposed in legislative bills
12 numbers S. 8479-A and A. 9862-A, takes effect.
