Pro-Gun Bills that Have Recently Gone into Effect

Sep 22, 2017

The gun industry in the US has been under fire in recent years. The US firearm industry receives an estimated $11 trillion each year from guns and ammunition sales. On September 1, 2017, a number of pro-gun bills went into effect.

US Firearm Industry

During his speech at the National Rifle Association (NRA) Leadership Forum on April 28, 2017, Donald Trump noted he was going to protect the rights of law-abiding gun owners. Trump was the first sitting president to address the NRA Leadership Forum since President Ronald Reagan in 1983.

The US is the most heavily armed civilian population in the world.

  • There are approximately 465 manufacturers in the US of weapons and ammo, and an additional 50.000 gun dealers
  • An estimated 32% of American households own a gun
  • 000 Americans used a firearm in 2016 for their protection
  • According to 49% of Americans, limiting ownership rights of guns infringed on their right to bear arms
  • Based on statistics, if an American owns a gun, it’s likely he/she owns more than one

Pro-Gun Bills Went into Effect

A number of key pro-gun laws took effect on September 1, 2017. To get a reliable online firearm merchant account with the most competitive rates, consider applying to emerchantbroker.com, the nation’s #1 high risk credit card processor and a reputable business funding provider. EMB has an A+ rating from the BBB and an A rating from Card Payment Options. Also, EMB is one of Inc. 500’s Fastest Growing Companies of 2016.

The above-mentioned bills are:

  • Senate Bill 16 – The cost of an original License To Carry is cut from $140 to $40 and the price of a renewal LTC is reduced from $70 to $40
  • Senate Bill 263 – The minimum caliber requirement (.32) for demonstrating handgun proficiency during the range instruction portion of the License To Carry course is made obsolete
  • Senate Bill 1566 – The provisions included in the bill allow employees of school districts, open-enrollment charter schools and private elementary or secondary schools who possess valid LTCs to transport and store firearms out of sight in their locked cars and trucks
  • Senate Bill 2065 – Allows volunteers providing security at places of worship to be free from the requirements of the Private Security Act
  • House Bill 1819 – Texas statutes to track federal law concerning ownership and possession of firearm sound suppressors are revised
  • House Bill 1935 – The prohibition on the possession or carrying of knives such as daggers, dirks, stilettos and Bowies is repealed. These are no longer in the prohibited weapons section of the Texas Penal Code.
  • House Bill 3784 – Persons approved by the Texas Department of Public Safety are allowed to offer an online course to cover the classroom portion of the required training for a License To Carry

With all this in mind, it’s too important for firearm merchants to turn to a reliable and secure merchant account services provider like EMB to get the best for their business needs. Choose the right high risk specialists in the field to take your business to new heights.

Let us help you get a high risk merchant account today!

Get Started

Award winning.

  • 2012
  • 2013
  • 2014
  • 2015
  • 2016

Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

Live Chat