Protecting Privacy in Purchases Act

HR 7450, the Protecting Privacy in Purchases Act, prohibits payment card networks and covered entities (like payment processors) from requiring or assigning merchant category codes that specifically identify firearms retailers as different from general stores or sporting goods retailers. This directly affects firearms retailers and payment networks by preventing them from using business classification codes that could flag firearm sales. The bill establishes an enforcement process where the Attorney General investigates complaints, issues remediation notices, and can seek court injunctions for non-compliance, while preempting state or local laws on this issue. It does not create private lawsuits for individuals.