Louisiana Gov. Jeff Landry has signed a bill into law that supporters say protects the privacy and sensitive financial information of people buying guns and ammunition.
Mr. Landry, a Republican, signed SB 301, or the Second Amendment Financial Privacy Act, into law on June 11, making Louisiana the 16th state to adopt measures banning government tracking of firearms when bought using credit cards or other payment cards.
The new law, which goes into effect on Aug. 1, prohibits financial institutions from requiring or encouraging retailers to assign firearm-specific merchant category codes to card-based purchases of guns and ammunition. The measure also bans financial services providers from assigning a merchant category code to gun stores in a way that distinguishes the firearm retailer from other retailers….