Amends GS Chapter 66 by adding new Article 52 (No Firearms Code for Payment Card Transactions), which prohibits a financial institution from using a firearm code in connection with payment card transactions involving a firearms retailer in the state. Defines financial institution, firearms code, and firearms retailer. Permits the Attorney General to assess civil penalties of not more than $10,000 for each violation after notice and hearing. Provides a civil cause of action for firearms retailers and persons using payment cards, permitting injunctions, statutory damages of $10,000 for each violation, and costs and attorneys' fees. Provides a three-year statute of limitations on civil actions. Effective October 1, 2024.
Effective July 1, 2024, appropriates $5,000 from the General Fund to the NC Chamber to notify businesses throughout the state of new Article 52.
NO FIREARMS CODE FOR CREDIT CARD TRANSACTIONS.
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View NCGA Bill Details | 2023-2024 Session |
AN ACT TO PROHIBIT FIREARMS CODES FOR PAYMENT CARD TRANSACTIONS.Intro. by Cleveland, Warren.
Status: Re-ref to the Com on Banking, if favorable, Appropriations, if favorable, Rules, Calendar, and Operations of the House (House action) (Jun 12 2024)
Bill History:
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Wed, 24 Apr 2024 House: Filed
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Thu, 25 Apr 2024 House: Passed 1st Reading
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Wed, 12 Jun 2024 House: Withdrawn From Com
H 899
Bill Summaries:
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Bill H 899 (2023-2024)Summary date: Apr 24 2024 - View Summary
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