Senate BillChaptered/Signed
S 745: Removes dealers of ammunition from certain provisions that require the use of certain merchant category-codes by payment card networks for firearm merchants.
What S 745 does, verified July 2, 2025
The bill aims to amend the general business law to remove dealers of ammunition from certain provisions regarding the use of merchant category-codes by payment card networks. Payment card networks must assign a merchant category-code for firearms and ammunition businesses by May 1, 2025. This code is required for payment services to be provided to these businesses. The bill takes effect on the same date as a previously proposed amendment to the general business law.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
✓Second ChamberComplete
✓GovernorComplete
6ChapteredCurrent
Last action: SIGNED CHAP.116 (2025-03-19)Alert me
Author and sponsors
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| Apr. 03, 2025 | SIGNED CHAP.116 |
| Mar. 31, 2025 | DELIVERED TO GOVERNOR |
| Mar. 19, 2025 | passed assembly |
| Mar. 19, 2025 | ordered to third reading rules cal.9 |
| Mar. 19, 2025 | substituted for a439 |
Latest bill textIntroduced version, January 8, 2025 · 491 words
STATE OF NEW YORK ________________________________________________________________________ 745 2025-2026 Regular Sessions IN SENATE (Prefiled) January 8, 2025 ___________ Introduced by Sen. MYRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Rules 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-10ness 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. LBD02700-01-5S. 745 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.
Text of S 745 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions