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Bill 1935 – The prohibition on the possession or carrying of knives such as daggers, dirks, stilettos and Bowies is repealed.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.