H.R. 7450, titled the “Protecting Privacy in Purchases Act”, aims to prevent payment card networks and related entities from requiring or assigning special merchant category codes that identify firearm retailers differently from general merchandise or sporting goods...
Simple Explanation
The bill wants to make sure credit card companies don’t use special codes to tell if a store sells guns instead of normal things like toys or sports gear. It also wants the government to check and report on this every year.