Law stops payment networks from marking gun store sales.

What it does

The bill stops Visa, Mastercard, and other payment card networks from using a special code. This code would have marked gun purchases separately. Gun stores will now be treated like any other store.

Who it affects

Gun stores and gun buyers benefit because their purchases will not be tracked separately. Law enforcement and banks lose a tool to find illegal gun trafficking. They also lose the ability to detect money laundering.

One thing to notice

The bill stops payment networks from using a tool that could help catch illegal gun sales. It also prevents detection of money laundering.

From the analysis of the bill text, linked under Primary records below.

Where it stands

132 cosponsors: 132 Republicans.

• Feb 11, 2025 — Introduced · Congress.gov: “Introduced in House”
• Feb 11, 2025 — Referred to House Committee on Financial Services and Senate Committee on Banking, Housing, and Urban Affairs · Congress.gov: “Referred to the House Committee on Financial Services”
• Dec 16, 2025 — Markup held in committee · Congress.gov: “Committee Consideration and Mark-up Session Held”
• Dec 17, 2025 — Reported out of committee · Congress.gov: “Ordered to be Reported (Amended) by the Yeas and Nays: 29 - 23”
• Jul 14, 2026 — Passed the House · Congress.gov: “On passage Passed by the Yeas and Nays: 221 - 201 (Roll no. 240)”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Money around this bill

6 groups reported lobbying about this bill. They filed 9 reports from Dec 2025 to Jun 2026.

Those reports show $9,119,548 in lobbying spending. Each report lists about 66 bills. So that money was not all for this bill.

More groups named this bill than 82% of bills with any report.

Riley Moore, who sponsored the bill, received $578,900 from PACs for the 2026 election.

• American Bankers Association — $5,210,000 in 2 reports
• National Shooting Sports Foundation — $1,990,000 in 1 report
• National Rifle Association of America — $990,000 in 2 reports
• American Express Company — $470,000 in 1 report
• National Association for Gun Rights — $429,548 in 2 reports

Lobbying is legal. These reports show who lobbied about this bill, not what changed.

Words to know

• payment card networks — Companies like Visa and Mastercard that process credit and debit card payments.
• money laundering — Hiding the source of illegal money by moving it through banks and businesses.
• lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
• PACs — Groups that collect money and give it to candidates for office.
• sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.