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SB 136

An Act relating to the privacy of firearm transactions; relating to discrimination against firearm retailers by financial institutions and payment networks; relating to the disclosure of financial records by financial institutions and payment networks; and amending Rules 65 and 82, Alaska Rules of Civil Procedure.

34th Legislature (2025-2026) Introduced by Jesse Bjorkman and 2 co-sponsors

SB 136 protects firearm transaction privacy, prevents discrimination against retailers by financial institutions, and regulates financial record disclosures.

(S) Minutes (SJUD)
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Bill Summary · SB 136

Summary of SB 136

Bill Number: SB 136
Title: An Act relating to the privacy of firearm transactions; relating to discrimination against firearm retailers by financial institutions and payment networks; relating to the disclosure of financial records by financial institutions and payment networks; and amending Rules 65 and 82, Alaska Rules of Civil Procedure.
Status: (S) REFERRED TO JUDICIARY
Introduced: March 19, 2025
Classification: Bill
Subject Areas: Attorney General, Business, Civil Procedure, Court Rules, Courts, Credit, Data Processing, Disclosure, Finance, Financial Institutions, Injunctions, Privacy, Rights, Sales, Weapons

Purpose and Intent

The primary purpose of SB 136 is to enhance the privacy protections surrounding firearm transactions and to address potential discrimination against firearm retailers by financial institutions and payment networks. The bill aims to ensure that financial entities do not unjustly discriminate against businesses involved in the sale of firearms and to regulate the disclosure of financial records related to these transactions.

Key Provisions

  1. Privacy of Firearm Transactions:

    • The bill establishes guidelines to protect the privacy of individuals engaging in firearm transactions, ensuring that personal information is not disclosed without consent.

  2. Discrimination Against Firearm Retailers:

    • Prohibits financial institutions and payment networks from discriminating against firearm retailers based on their business activities. This includes denying services or imposing unfavorable terms solely due to the nature of the business.

  3. Disclosure of Financial Records:

    • Sets forth regulations governing the circumstances under which financial institutions and payment networks can disclose financial records related to firearm transactions. This aims to limit unnecessary exposure of sensitive information.

  4. Amendments to Civil Procedure Rules:

    • The bill proposes amendments to Alaska Rules of Civil Procedure, specifically Rules 65 and 82, which may affect how injunctions and other legal actions are handled in relation to the provisions of this bill.

Impact

  • Affected Parties:

    • The bill primarily impacts firearm retailers, financial institutions, and payment networks. Retailers may benefit from increased protections against discrimination, while financial institutions will need to adjust their policies to comply with the new regulations.

  • Consumer Privacy:

    • Individuals purchasing firearms may experience enhanced privacy protections, reducing the risk of their personal information being disclosed without their consent.

  • Legal Framework:

    • The amendments to civil procedure rules could alter the legal landscape for how disputes related to firearm transactions are resolved in Alaska.

Procedural Aspects

  • Current Status:

    • As of now, SB 136 has been referred to the Judiciary Committee for further consideration. The timeline for additional hearings or votes has not been specified.

  • Next Steps:

    • Stakeholders, including firearm retailers and financial institutions, may want to monitor the progress of the bill and prepare for potential changes in compliance requirements.

In summary, SB 136 seeks to protect the privacy of firearm transactions and prevent discrimination against firearm retailers, while also amending relevant civil procedure rules to support these objectives.

Compiled from official sources — confirm details with the bill’s official record.

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