Privacy Law Library

Privacy of Firearms Financial Transactions

IN Firearms Transaction Privacy

Financial

Enacted by HEA 1084 (2024), this law bars payment networks and acquirers from assigning a separate firearms merchant category code to Indiana gun retailers. It restricts financial providers from disclosing transaction records grouped by a firearms code and from declining transactions based solely on such a code. It also bars anyone from keeping a registry of privately owned firearms or their owners, with exceptions.

Where
Indiana
Citation
Ind. Code ch. 24-5-27.5 (IC 24-5-27.5-1 to 24-5-27.5-25)
Status
In force
In force since
2024-10-01
Enforced by
The provider's primary financial regulator; the Indiana Attorney General for the registry ban as applied to persons who are not regulated financial services providers (IC 24-5-27.5-25)
People can sue
No
Penalties
For registry violations by non-financial persons, after AG notice and a 30-day period to stop: injunction, civil penalty up to $10,000 per violation, costs, expert fees, and attorney's fees (IC 24-5-27.5-25(b)). Financial providers are enforced by their regulators.
Applies to
  • Financial services providers (financial institutions, money transmitters, card issuers, card networks, and merchant acquirers) handling payment card transactions made after September 30, 2024 at firearms retailers physically located in Indiana (IC 24-5-27.5-1, 24-5-27.5-7)
  • Any governmental entity or other person, public or private, regarding registries of privately owned firearms or their owners (IC 24-5-27.5-20)

Practices it requires

  • Merchant acquirers and card networks may not assign, or require assignment of, a firearms merchant category code that sets Indiana firearms retailers apart from general merchandise or sporting goods retailers.IC 24-5-27.5-21
  • Financial services providers may not disclose payment card records that include protected financial information (records grouped solely by a firearms code), except as law requires or permits.IC 24-5-27.5-19, 24-5-27.5-23
  • Do not decline a lawful transaction solely because a firearms code was or was not assigned, except at the consumer's request, for fraud controls or expense-control exclusions, or to restrict use of a firearms code in Indiana.IC 24-5-27.5-22
  • Do not knowingly keep a list or registry of privately owned firearms or of firearm owners for Indiana consumers, except records kept in criminal investigations, by the owner, by retailers in the ordinary course of business, or for handgun license applications.IC 24-5-27.5-20

Sources

Checked against these sources on 2026-09-25 by research agent (Claude), primary sources.

Research reference, not legal advice.