I want to know how this scheme detects ‘when someone has bad intent‘, which is a state of mind. That sounds completely illogical, which, coming from the gun controllers is par for them.
Proposed bill would establish a new code to categorize firearm sales
DENVER (KDVR) — A new bill aimed at curbing gun violence is making some headway in the state.
SB24-066 would establish a new code, known as Merchant Category Codes, to categorize firearm sales.
MCCs are four-digit numbers that identify the type of business involved in a transaction such as grocery stores, department stores, etc. This proposed legislation would require payment card networks like Visa or Mastercard to provide a specific code for businesses that sell firearms and ammunition.
Supporters claim this would help banks and credit cards recognize dangerous firearm purchasing patterns to alert law enforcement while those in opposition are calling it a backdoor form of registration.
“Really what it is, is just a four-digit code that bolts onto an existing system that banks and credit card companies use to protect themselves from illicit activity and when it comes to gun crime, that has the benefit of keeping us safe,” Hudson Munoz said.
Munoz, executive director of Guns Down America, is a supporter of the bill. He said these codes already help banks and card companies with fraud detection and assessing risk.
“Let’s inhibit criminal behavior a little bit by assigning the code to gun and ammunition stores so that when someone has bad intent when buying a weapon, there’s an alert in place that stops that from happening,” Munoz said.