EPIC! CC companies have until March to drop gun codes.. Or they are blocked from this State forever!

Published on September 22, 2022
Duration: 6:12

This video details the controversy surrounding new merchant category codes (MCC) for firearms and ammunition sales. Florida's CFO, Jimmy Patronis, has issued a warning, threatening legislative action against credit card companies if these codes are not dropped by the March legislative session. The video highlights national political resistance from Republicans and state Attorneys General, citing concerns over fiduciary duties and constitutional rights, particularly the Second Amendment.

Quick Summary

Florida is threatening to ban credit card companies like Visa, Mastercard, and Amex if they don't drop specific merchant category codes (MCCs) for firearms and ammunition sales by the March legislative session. CFO Jimmy Patronis cites concerns over de facto registration and constitutional infringement.

Chapters

  1. 00:00Credit Card Gun Codes Controversy
  2. 00:51Florida CFO's Warning and Deadline
  3. 01:30SDI Sponsorship and Online Courses
  4. 02:00National Political Resistance to MCCs
  5. 03:07Florida Press Release and Legal Basis
  6. 05:03Proposed Legislative Penalties for CC Companies

Frequently Asked Questions

What is the main issue with credit card merchant category codes for firearms?

The main issue is that specific merchant category codes (MCCs) for firearms and ammunition sales are seen by many as a de facto registration method, potentially infringing on constitutional rights and creating a chilling effect on legal purchases.

What action is Florida taking regarding these credit card codes?

Florida's Chief Financial Officer, Jimmy Patronis, has threatened legislative action, including potential bans from operating within the state, against credit card companies that do not drop these firearms-related MCCs by the March legislative session.

Who else is opposing the credit card company codes?

Opposition comes from a broad coalition including 100 House Republicans, Senate Republicans, and 24 state Attorneys General, who have challenged credit card companies on their fiduciary duties and constitutional rights.

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