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Back to S745-2025
NY State Legislature· S745-2025Signed by Governor

Removes dealers of ammunition from certain provisions regarding the use of certain merchant category-codes by payment card networks, the official text

Shown verbatim: the complete text as captured from the official source posted by the New York State Senate, fetched 2026-08-11. Nothing is edited or removed. Where this bill amends existing law, language marked for deletion in the official source appears here in brackets. The official bill page.
S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    745
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                                (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:
 
   Section 1. Subdivisions 1 and 2 of section 529-a of the general  busi-
 ness law, as added by a chapter of the laws of 2024 amending the general
 business  law relating to requiring payment card networks to use certain
 merchant category-codes for firearm merchants, as proposed  in  legisla-
 tive  bills  numbers  S.  8479-A  and  A. 9862-A, are amended to read as
 follows:
   1. For the purposes of this section, the following  terms  shall  have
 the following meanings:
   (a)  ["Dealer of ammunition" means any person who engages in the busi-
 ness of purchasing, selling or keeping ammunition in this state.
   (b)] "Dealer of firearms" means a gunsmith or dealers in  firearms  in
 this  state  licensed  pursuant  to section 400.00 of the penal law, for
 which the highest sales value  is,  or  is  expected  to  be,  from  the
 combined  sale  in New York of firearms, firearm accessories, or ammuni-
 tion, as stated by the business to its merchant acquirer in the ordinary
 course of business.
   [(c)] (B) "Firearm" has the same meaning as that term  is  defined  in
 subdivision three of section 265.00 of the penal law.
   2.  (a)  On  or  before November first, two thousand twenty-four, each
 payment card network shall make the merchant category-code for  firearms
 and  ammunition businesses established by the international organization
 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
 S. 745                              2
 
 able for merchant acquirers that provide payment services for dealers of
 [ammunition or dealers of] firearms.
   (b)  On  and  after May first, two thousand twenty-five, each merchant
 acquirer shall assign to each  dealer  of  [ammunition  and  dealer  of]
 firearms in this state the merchant category-code for firearms and ammu-
 nition  businesses  established  by  the  international organization for
 standardization on September ninth, two thousand twenty-two.
   § 2. This act shall take effect on the  same  date  and  in  the  same
 manner  as  a  chapter of the laws of 2024 amending the general business
 law relating to requiring payment card networks to use certain  merchant
 category-codes  for  firearm merchants, as proposed in legislative bills
 numbers S. 8479-A and A. 9862-A, takes effect.
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