Payment processors would assign special codes to some gun sellers

Card networks would offer the code to payment processors serving covered sellers, and those processors would assign it to the sellers. Covered sellers hold a federal firearms license and tell their card processor that sales of guns, accessories, or ammunition, in any mix, bring in or are expected to bring in their highest Delaware sales value. The code must be the international standard for firearms and ammunition businesses or its latest replacement. The parties cannot waive these duties. The proposal sets July 1, 2025, as the network deadline. The duty to assign the code would take effect October 1, 2025.

Delaware’s Justice Department could sue violators for fines and legal costs, and ask a court to stop further violations. These rules cover anyone who violates the card code requirements. Only the Justice Department may enforce them. The department must give written notice at least 30 days before suing. It cannot sue a recipient who fixes the violation within 30 days of notice and sends proof, a written statement confirming the fix, and a written statement confirming policy changes to prevent another violation. A court must find a violation before imposing a $10,000 fine for each violation and legal costs. The court may also order the violator to stop. The proposal says these enforcement rules would take effect October 1, 2025.