THIS BANKING AND FINANCIAL
INSTITUTIONS WILL COME TO ORDER
GOOD AFTERNOON THE SENATE
CONTINUES TO WELCOME THE PUBLIC
BOTH IN PERSON AND VIA
TELECONFERENCE ORVIS FOR
INDIVIDUALS WISHING TO PROVIDE
PUBLIC COMMENT TODAY'S
PARTICIPANT NUMBER IS.
877-226-8216 AND THE ACCESS CODE
IS SIX FIVE ZERO FOUR ONE TWO
THREE WE ARE HOLDING OUR
COMMITTEE HEARINGS HERE IN THE-
STREET BUILDING I ASK ALL
MEMBERS OF THE COMMITTEE TO BE
PRESENT ROOM TWENTY ONE HUNDRED
SO WE CAN BEGIN ASSEMBLY
CORPSMAN BEGIN OUR HEARING. WE
HAVE TWO BILLS ON TODAY'S AGENDA
AND WE DON'T HAVE QUORUM YET SO
WE'RE GONNA GO AHEAD AND BEGIN
AS A SUB COMMITTEE AND WE WILL
BEGIN WITH FILE ITEM ONE A. B.
THIRTY NINE ASSEMBLY MEMBER
GRAYSON. THE THANK YOU MADAM
CHAIR AND MEMBERS OF THE
COMMITTEE I AM PLEASED TO
PRESENT AB THIRTY NINE WHICH
WILL HELP CREATE A SAFER MORE
SUSTAINABLE CRYPTOCURRENCY
MARKET FOR CALIFORNIA CONSUMERS
AND BUSINESSES FIRST I DO AGREE
WITH THE COMMITTEE SUGGESTED
AMENDMENTS THAT ARE DETAILED IN
THE ANALYSIS PRODUCED BY
COMMITTEE STAFF AND I DO ACCEPT
THOSE COMMITMENTS AND WILL
COMMIT TO TAKING THEM IN THE
NEXT COMMITTEE. AT THIS
COMMITTEE HAS HEARD PLENTY OF
TESTIMONY IN RECENT MONTHS ABOUT
HARM CAUSED BY UNDER REGULATED
CRYPTO MARKET THE ASSEMBLY AND
THE SENATE BANKING COMMITTEES
HELD AN OVERSIGHT HEARING IN
FEBRUARY TO HEAR WHAT
CALIFORNIA'S DOING TO REGULATE
CRYPTO AND ONE BIG TAKE AWAY
FROM THAT HEARING IS THAT WE
NEED TO DO. MORE WE DO WE NEED
TO GIVE THE FBI THE TOOLS IT
NEEDS TO PROMOTE RESPONSIBLE
INNOVATION IN THE CRYPTO
INDUSTRY. SB THIRTY NINE WILL
GIVE DO YOU HAVE P. I. THOSE
TOOLS THIS BILL WILL HELP
INDIVIDUAL INVESTORS AND THE
COMPANIES HOPING TO GROW THEIR
OPERATIONS HERE IN CALIFORNIA.
AND IT ALSO IS SIMILAR TO LAST
YEAR'S AB TWENTY TWO SIXTY NINE
HOWEVER THERE ARE SOME KEY
DIFFERENCES THAT MAKE THE
PROGRAM EASIER FOR BOTH THE FBI.
AND CRYPTO COMPANIES THESE
CHANGES STRENGTHENED THE
PROPOSAL WITHOUT COMPROMISING
ITS CONSUMER PROTECTIONS FOR
EXAMPLE A COMPANY WITH A VALID
NEW YORK LICENSE CAN RECEIVE A
CONDITIONAL LICENSE HERE IN
CALIFORNIA WHICH WILL HELP
PREVENT DELAYS FOR COMPANIES
SEEKING LICENSURE. WITH THE APP
I WOULD LIKE TO INTRODUCE TO THE
CHAIR ROBERT BURRELL WHO IS
TESTIFYING ON BEHALF OF CONSUMER
FEDERATION OF CALIFORNIA. THANK
YOU. WE WILL GO AHEAD AND HAVE
YOU SPEAK PLEASE FEEL FREE THANK
YOU VERY MUCH A GOOD AFTERNOON
MADAM CHAIR MEMBERS- ROBERT HER
L. EXECUTIVE DIRECTOR OF THE
CONSUMER FEDERATION OF
CALIFORNIA WERE THE SPONSORS. OF
AB THIRTY NINE AND- HOPEFULLY
YOU'LL SEE IN A MOMENT. A FEW OF
THE FOLKS OF FROM OUR DIVERSE
COALITION THAT SUPPORTS IT A
LITTLE BIT OF STRANGE BEDFELLOWS
IF YOU WILL. LIKE TO THANK THE
AUTHOR LIKE TO THANK YOU AND
YOUR COMMITTEE I KNOW THAT A TON
OF WORK HAS GONE INTO THIS I
WON'T BELABOR THE POINT. ABOUT
THE- THE PROBLEMS IN THE CRYPTO
INDUSTRY THEY ARE NUMEROUS-
THEY'VE BEEN DISCUSSED. QUITE A
BIT IN THE RESPECTIVE BANKING
COMMITTEES I WHICH IS DRAW
MEMBERS ATTENTION TO. THE
COMPARISONS AS THE AUTHOR
HIGHLIGHTED BETWEEN LAST YEAR'S
BILL THAT WAS VETOED BY THE
GOVERNOR AND THIS YEAR'S BILL.
ALMOST ALL THOSE I WOULD
CHARACTERIZE HIS WORK ABILITY
TYPES OF CHANGES AND THEN ALSO
THE AMENDMENTS THAT THE AUTHOR
JUST AGREED TO- IN THE COMMITTEE
TODAY- DOES GO A LONG WAY WE
WANT SOMETHING THAT CAN BE
WORKABLE THAT CAN BE-
IMPLEMENTABLE BY D. S. P. I. IN
A REASONABLE FASHION. BUT MOST
IMPORTANTLY FOR CONSUMER
PROTECTION NEEDS TO BE AT THE
FOREFRONT THIS IS AN AREA THAT
HAS BEEN RIFE WITH PROBLEMS- WE
NEED TO HAVE A LICENSING REGIME
HERE. AND WE NEED TO HAVE A SORT
OF A FINANCIAL COP ON THE BEAT
IF YOU WILL AND SO WITH THAT I'M
HAPPY TO ANSWER ANY QUESTIONS
BUT- DRIVE OF THANK YOU. GREAT
THANK YOU. I DO WE HAVE ANY
OTHER WITNESSES IN SUPPORT IN
ROOM. TWENTY ONE HUNDRED PLEASE
COME UP. GOOD AFTER REBEKAH
MARKETS. THE CONSUMER PROTECTION
POLICY CENTER AT THE UNIVERSITY
OF SAN DIEGO SCHOOL OF LAW THANK
YOU. THANK YOU. GOOD AFTERNOON
SHERRY MCCUE REPRESENT A
CALIFORNIA CREDIT UNION LEAGUE
IN SUPPORT OF THE BILL. GOOD
AFTERNOON JASON LANE CALIFORNIA
BANKERS ASSOCIATION IN STRONG
SUPPORT. THANK YOU. H. WIENER
TWITTER ACCOUNT FOR. YEAH A GOOD
AFTERNOON CHAIR MEMBERS CAME AND
DIMITRI ON BEHALF OF DAPPER
LAUGHS AND SO RARE TO READING
AND IF TWO COMPANIES. AND NON
FUNGIBLE TOKENS OR ENTITIES IS
AN ACCESS TECHNOLOGY ENTITIES
PROVIDE ACCESS TO UNIQUE DIGITAL
ASSETS. WHICH FOR DAPPER ABSENT
SO RARE ARE TYPICALLY DIGITAL
BASEBALL CARDS BASKETBALL SOCCER
OR OTHER TYPES OF SPORTS CARDS.
WHICH ARE PRODUCED AND SOLD IN
PARTNERSHIP WITH SPORTS LEAGUES
. AND PLAYERS ASSOCIATIONS
SIMILARLY TOY COMPANIES SELL HOT
RODS AND FIGURINE ENTITIES
CONCERT VENUES SO AN F. T.
TICKETS. ARE TO SELL DIGITAL AND
F. T. ART. MUSICIANS SELL ENOUGH
T. PERFORMANCES. AND CURATED
PLAYLISTS. ALL OF THESE DIGITAL
CONSUMER PRODUCTS ARE STORED ON
THE BLOCKCHAIN. WHICH MAKE IT
EASIER FOR CONSUMERS TO CONFIRM
THEIR OWNERSHIP AND
AUTHENTICITY. WE'RE IN SUPPORT
IF AMENDED POSITION ON A. B.
THIRTY NINE- SHEET THAT. DIGITAL
FINANCIAL ASSETS LIKE DIGITAL
FINANCIAL PRODUCTS AND SERVICES
SHOULD BE REGULATED BY THE FBI
TO PROTECT CONSUMERS. OUR
CONCERN IS AB THIRTY NINES
REFERENCE TO DIGITAL FINANCIAL
ASSETS COULD BE EXPANSIVELY
INTERPRETED INTERPRETED. TO
INCLUDE ALL DIGITAL ASSETS THEY
HAVE FINANCIAL VALUE. AND NOT
SIMPLY DIGITAL ASSETS THEIR
CURRENCY OR DIGITAL FINANCIAL
PRODUCTS AND SERVICES. THE FBI
REGULATES MORTGAGES BUT NOT
HOMES IT REGULATES CONSUMER
LOANS. BUT NOT CONSUMER
PRODUCTS. I WE REQUEST SB THIRTY
NINE BE AMENDED TO DEFINE
DIGITAL CONSUMER ASSETS. SUCH AS
BASEBALL CARDS AND CONCERT
TICKETS AND CLARIFY THE DIGITAL
CONSUMER ASSETS WILL NOT BE
REGULATED BY THE FBI. AND YOU
KNOW WE SHARE SEVERAL VERSIONS
OF DRAFT AMENDMENTS WITH STAFF
AND WE'RE HAPPY TO WORK WITH
COMMITTEE MEMBERS I TO MAKE IT
PERFECT AT LEAST RESPECTFULLY
REQUEST CLARIFICATION TO BE
REFLECTED IN THE BILL. THANK YOU
APPRECIATE WORKING WITH THE
OFFICE EIGHT THANK YOU. ALL
RIGHT ANY. WITNESSES IN NOT
TRAINERS BUT OPPOSITION. WELL
THAT'S BECAUSE I AM STILL A
TWEENER SIDE A LITTLE BIT I
APOLOGIZE. GOOD AFTERNOON
COMMITTEE MEMBERS ENSURE MY NAME
IS CHARLES BELL I AM THE
RESIDENTS EVER CISCO CALIFORNIA
AND EXECUTIVE DIRECTOR OF THE
BLOCKCHAIN ADVOCACY COALITION.
THE BUDGET ADVOCACY COALITION
REPRESENTS INDUSTRY
REPRESENTATIVES AND NONPROFIT
SUSPEND THE BLOCKCHAIN AND
VIRTUAL ASSET SECTOR WE AIM TO
ESTABLISH CLEAR AND EFFECTIVE
REGULATORY STRUCTURES THE
INDUSTRY WHILE PROTECTING
CONSUMERS AND FOSTERING
INNOVATION AND ECONOMIC
EMPOWERMENT. WE HAVE GREATLY
APPRECIATED- WORKING WITH THE
AUTHOR AND THE COMMITTEE. I WANT
TO THANK THE FACULTY FOR
WILLINGNESS TO WORK WITH A
NUMBER STAKEHOLDERS TO GET THIS
FROM WORK RIGHT HOWEVER WE STILL
HAVE SOME REMAINING CONCERNS
THAT WE'D LIKE TO WORK WITH
AUTHORS ON MOVING FORWARD.
CALIFORNIA HAS AN OPPORTUNITY TO
BE A LEADER IN WEB THREE. TO GET
THERE WE NEED SMART REGULATIONS
THAT RECOGNIZE THE CHALLENGES
AND OPPORTUNITIES FOR WITH THREE
IN CALIFORNIA. THE BLOCKCHAIN
ADVOCACY COALITION BELIEVES SOME
PROVISIONS REMAIN OVERLY
PRESCRIPTIVE AND WE DON'T WANT
AND WHAT TO ENSURE THE BILL DOES
NOT UNDERMINE CALIFORNIA'S
LEADERSHIP IN WEB THREE- BECAUSE
WHAT THREE DOESN'T HAVE TO BE
BUILT HERE JUST BECAUSE WITH TWO
WAS BUILT HERE. OUR FIRST
CONCERN IS THAT STABLE COINS
DESERVE THEIR OWN REGULATORY
FRAMEWORK. BUT NOT AS AN ADD ON
TO THIS LEGISLATION WE ARE STILL
IN THE EARLY DAYS OF EXPLORING
APPLICATIONS FOR DIFFERENT TYPES
OF STABLE COINS. GOVERNMENTS
AROUND THE WORLD RECOGNIZE THE
UNIQUE VALUE STABLE QUINN'S
RECENT PAYMENTS IN EVERYDAY
TRANSACTIONS. REMITTANCES AS A
STORE OF VALUE. YOUR EFFORTS FOR
EXAMPLE THE UNITED STATES THE
UNITED KINGDOM AND EASILY
INTEGRATE STABLE COINS INTO THE
FINANCIAL SYSTEM. A BETTER
APPROACH WOULD BE TO ALLOW THE
FBI TO DOUBLE FRAMEWORK TO
REGULATE THESE UNIQUE PRODUCTS
WERE STAKEHOLDERS FROM ALL THE
POINTS COULD COLLABORATE AND
PARTICIPATE. IN THE DEVELOPMENT
THE ONE TIME AND GIVE THAT THE
TIME CONSIDERATION IT DESERVES.
OUR SECOND CONCERN IS EFFECTIVE
BAN ON NON FIAT BACKED
STABLECOIN. FIRST INNOVATION. WE
UNDERSTAND THE TERRIBLE- FRAUD
IS THE IMPETUS BEHIND THE
CURRENT ALGORITHMIC STABLE QUITE
BAD IN THIS BILL. IS A VERY
UNFORTUNATE SITUATION WHERE
THERE WAS AN ETHICAL GOVERNANCE
AND DOWNRIGHT FRAUD UNDERMINE
THE COIN'S VALUE. HOWEVER
PUSHING STABLE COMMUNITIES
OUTSIDE OF CALIFORNIA AS A
REACTION WILL DECREASE THE
ABILITY OF CALIFORNIA TO SET
INDUSTRY STANDARDS AND
REGULATIONS. THIS IS THE EXACT
OPPOSITE OF WHAT WE WHAT WE WILL
SEE WHAT WE NEED TO DO TO BE
BASED IN CALIFORNIA. BUILT WITH
CALIFORNIA VALUES. WITH CLEAR
REGULATIONS THAT LEAD THE
NATION. OUR THIRD CONCERN THAT
SB THIRTY NINE HEARD SOCIAL
ENTERPRISE INITIATIVES. HAVE
LANGUAGE MAYBE THIRTY NINE MAKES
IT UNTENABLE FOR SOCIAL
ENTERPRISE ORGANIZATIONS SUCH AS
THE THREE NONPROFIT OPEN
CALIFORNIA. AT A MEMBER THE
BLOCKCHAIN OBVIOUSLY COALITION
OPERATE. THIRTY THREE COMMITTEE
MEMBERS HAVE FOR EXAMPLE
RESIDENTS ARE TO EXPLORE
COLLECTED LOCAL ASSET
STEWARDSHIP. THROUGH FRACTIONAL
AS VEHICLES USING LAN LOCAL
CREDIT AND SMALL BUSINESS
OWNERSHIP. INCREASING ACCESS TO
CAPITAL FOR SMALL BUSINESSES IS
CRITICAL FOR ECONOMIC EQUALITY
EQUITY. AND IT'S UNREASONABLE TO
ASSUME EXISTING TRADITIONAL
FINANCIAL SYSTEMS ARE GOING TO
CHANGE GREATLY TO MAKE CAPITAL
ACCESSIBLE. WE WILL ASK YOU JUST
TO WRAP UP HERE COMMON. THANK
YOU FOR. OF SOAPS GET TO THE
CONCLUSION THAT'S OKAY SO IN
CONCLUSION WE APPRECIATE THE
CHANGES MADE EIGHTY THIRTY NINE.
OF THE CONTINUE TO HAVE A MAIN
CONCERNS ON THE ONE SIZE FITS
ALL CLICKABILITY OF THE LICENSE
REQUIREMENTS. GIVEN THE VAST
AMOUNT OF LICENSES THIS BILL
WILL CAPTURE FROM NONPROFITS IN
AUGUST IT'LL ACTORS COMMITTEE
ORGS WE HAVE CONCERNS- THE DPW
TO VAST AMOUNT OF RESOURCES AND
PERSONNEL TO IMPLEMENT. IT IS
BECAUSE WE WERE BY THE LICENSEES
ARE REGULATED ENTITIES. THANK
YOU. ANY OTHER WITNESSES IN
OPPOSITION IN THE ROOM. R. EIGHT
C. NO OTHER WITNESSES IN
OPPOSITION WE'RE GONNA GO AHEAD
AND GO TO THE PHONE LINES.
OPERATOR I CAN YOU PLEASE PROMPT
ANY WITNESSES WELL WISHING TO
TESTIFY VIA THE TELECONFERENCE.
SERVICE EITHER IN SUPPORT OR
OPPOSITION OF AB THIRTY NINE.
THANK YOU AS SHE STATED IF YOUR
SUPPORT OR OPPOSITION TO EIGHTY
THREE NINE PLEASE PRESS ONE ZERO
AT THIS TIME ON FEB EIGHT ZERO.
AND WHILE WE WAIT I DO KNOW THAT
WE HAVE QUORUM. SO WE'RE GOING
TO GO AHEAD AND JUST CALL THE
ROLL TO ESTABLISH QUORUM. CENTER
LIMÓN HERE LIMÓN HERE NEIL OUT
HERE THE LOW HERE BRADFORD
CAMBIADO. COMING OUT OF HERE MAN
YOUR MEN HERE WHEN. ACCORDING TO
KNOW. WE'VE ESTABLISHED CRIME
THANK YOU WE CAN PROCEED WITH
THE TELL. THANK YOU VENTURE
WE'RE GOING TO GET INSTRUCTIONS
ON MORE TIME UP PLEASE PRESS ONE
FOLLOWED BY ZERO. WORD OR
OPPOSITION. TO EIGHTY THREE
NINE. AND WE HAVE NO
PARTICIPANTS QUEUING UP AT THIS
TIME ALL RIGHT THANK YOU MEMBERS
WE'RE GOING TO BRING IT BACK FOR
ANY DISCUSSION QUESTION COMMENTS
VICE HERNIA. THANK YOU. MADAM
CHAIR BUT SENTIMENT GRAYSON HOW
DO YOU ANSWERED THE- THE COMMENT
OR QUESTION ABOUT- NON FUNGIBLE
TOKENS WOULD NOT SEEM TO ME
THAT- THIS LEGISLATION-
CONTEMPLATES REGULATING THAT
BECAUSE I DON'T THINK IT FALLS
UNDER DIGITAL FINANCIAL ASSETS
BUSINESS ACTIVITY. BUT MAYBE I'M
WRONG WELL THANK YOU FOR THAT
QUESTION SENATOR BECAUSE YOUR
COMMENT WITH THE QUESTION
ACTUALLY ANSWERS THE QUESTION.
AND THE FACT IS THAT THE FBI
REGULATES FINANCIAL PRODUCTS NOT
THINGS AND OTHER NON FUNGIBLE
BEING THINGS- WE'VE HAD
EXTENSIVE CONVERSATIONS WELL WE
HAVE LOOKED AT AND REVIEWED
POSSIBLE LANGUAGE- THE MORE THE
MORE LANGUAGE WE LOOK AT THE
MORE CONFUSING IT GETS AND SO
WE'VE DONE EVERYTHING IN OUR
POWER. TO MAKE SURE THAT WE
CREATE A POLICY THAT GIVES ALL
THE TOOLS IN THE TOOLBOX FOR THE
FBI TO ONLY REGULATE TO CHOOSE
THE ONLY REGULATE WHAT IS UNDER
THEIR PURVIEW AS FINANCIAL
PRODUCTS AND THEN- IT IS. IT IS
MY UNDERSTANDING OF MY
CONVERSATIONS WITH THE FBI THAT-
THESE WOULD NOT FALL UNDER THEIR
PURVIEW. AND SO WE'RE TRYING TO
MAKE IT SO THAT- THE FBI AND I'M
I'M SURE THAT MR PEROT HAS MAYBE
A COMMENT ON IT BUT- WE'RE WE'RE
DOING EVERYTHING WE CAN TO MAKE
SURE THAT- THE FBI HAS THE
ABILITY TO CREATE REGULATIONS
THAT ARE HYPER FOCUSED. ON
CRYPTOCURRENCY AND UPON
FINANCIAL PRODUCTS AND NOT SO
MUCH ON THINGS THAT ARE ON A
BLOCKCHAIN THAT DON'T MESS ON
THE PHONE TO THEIR PURVIEW. IT
VERY BRIEFLY SENATOR TO THE TO
YOUR QUESTION WHICH IS A GOOD
ONE IN WHICH MANY OF US THE
SPENT QUITE A BIT OF TIME
CONTEMPLATING- IF YOU DRAW A
LINE. UP THAT'S THAT'S TOO
BRIGHT IN A WAY YOU ALMOST
WONDER COULD POTENTIALLY
CREATING A LOOPHOLE THAT CAN BE
EXPLOITED. AND SO I THINK THE
IDEA IS THAT FOR THE FBI TO
EFFECTIVELY ABLE TO DO WHAT THEY
NEED TO DO- THEY NEED TO HAVE
THE LATITUDE TO WENT ONCE IT
CROSSES OVER INTO BEING A
FINANCIAL PRODUCT OR SERVICE. I
THINK MOST OF THE THINGS WILL
NOT. BUT THEY BUT WE KNOW FROM
HISTORY THAT THEY COULD. AT SOME
POINT AND IT COULD BECOME OF A
NEW WAY TO GET THERE SO THAT'S I
THINK. THE IDEA TO KEEP THE LET
THE REGULATOR HAVE THE AUTHORITY
I THINK GIVEN RESOURCE-
CONSTRAINTS- THEY'RE GONNA WANT
SOMETHING THAT CLEARLY GOES INTO
FINANCIAL PRODUCT OR SERVICE
BEFORE THEY- THEY GO DOWN THAT
ROAD I HOPE THAT'S HELPFUL.
FRANKLY THE MERE FACT THAT THAT
QUESTION HAD TO BE ANSWERED WITH
SO MANY WORDS- IS UP PART AND
PARCEL OF MY- CONCERN ABOUT
THIS. LEGISLATION I WISH THAT
THE FEDERAL GOVERNMENT. WOULD
TACKLE THIS I THINK IT. MUCH
BETTER BELONGS. UNDER THAT
PURVIEW. AND THE SAME THING FOR
ALL STATES AS OPPOSED TO
CALIFORNIA GOING. ITS OWN WAY.
THE OTHER CONCERN IS I'M NOT SO
SURE THAT THIS IS NO OFFENSE BUT
THAT THIS THAT THIS IS IN. THE
WHEEL HOUSE OF THE OF THE
AGENCY- BLOCKCHAIN TECHNOLOGY IS
RELATIVELY NEW. MOST PEOPLE
DON'T UNDERSTAND THAT- APPS THE
VAST MAJORITY OF PEOPLE DON'T
UNDERSTAND THAT. AND I'M NOT
SURE THAT- THIS IS THE BEST
AVENUE. FOR REGULATION ONCE WE
PASS THE LEGISLATION. THE
DEPARTMENT TAKES IT OVER AND-
IS. FREELY ABLE TO DEVELOP
REGULATIONS ANYWAY- THAT IT
WANTS AND RIGHT NOW I DON'T KNOW
THAT THE AGAIN NO OFFENSE BUT I
DON'T KNOW THAT THE AGENCY HAS.
THE TECHNICAL COMPETENCE TO
FULLY UNDERSTAND BLOCKCHAIN
TECHNOLOGY AND THEREFORE BE ABLE
TO REGULATE IT- SO- I UNDERSTAND
THE INTENT. AND I AGREE WITH
THAT. BUT MY CONCERNS I'VE
STATED AND SO FOR THAT REASON
I'M GONNA LAY OFF I DO
APPRECIATE YOUR PERSPECTIVE
THANK YOU. THANK YOU WE HAVE A
MOTION BY SENATOR MAN ANY
ADDITIONAL QUESTIONS OR COMMENTS
FROM MEMBERS. MANGER WE COULD
HAVE ONE PARTICIPANT QUEUE UP IF
YOU'D LIKE TO TAKE THAT. SURE WE
WILL GO AHEAD AND TAKE THE EVEN
THOUGH THAT TIME WAS OVER WE'LL
TAKE IT. OKAY PLEASE GO AHEAD-
LINE ONE NINETY SEVEN. YOU KNOW
WHAT I SPOKE UP FOR THE WRONG
BILL SORRY. MY APOLOGIES
MEDICARE NO WORRIES ALL RIGHTS
ARE BRINGING IT BACK AND I'D
LIKE TO THINK ASSEMBLY MEMBER
GRAYSON YOU HAVE BEEN WORKING ON
THIS FOR A COUPLE YEARS NOW AND
LEADING THE CHARGE. AND I THINK
THAT YOU KNOW WHAT IS CLEAR TO
ME IS THAT THE STATUS QUO HASN'T
WORKED FOR MANY CALIFORNIANS
THERE ARE CALIFORNIANS HERE-
THAT YOU THINK COULD USE- AN
AGENCY TO ENSURE THAT THE
PRODUCTS ARE PRODUCTS- THAT
DON'T YOU KNOW CAUSE MORE HARM
FINANCIALLY- AND I THINK THAT
THAT'S WHAT THIS DOES. I YOU
KNOW FOR SO MANY THINGS I'M
PROBABLY ALL OF US ON THIS DÍAS
COULD THINK OF- A POLICY AREA
WHERE WE WOULD LOVE. THE FEDERAL
GOVERNMENT TO LEAVE- AND IT'S
NOT HAPPENING AND SO WE FIND
OURSELVES IN DIFFERENT POLICY
AREAS TRYING TO DETERMINE- WHAT
WE DO AS A STATE AND HOW WE
BRING THEM YOU KNOW POLICY
FORWARD- AN IN THE HOPES THAT IT
WILL EITHER LEAD THE WAY FOR A
COUNTRY OR THAT IT WILL ALIGN
TO. THE FEDERAL GOVERNMENT WHEN
THAT HAPPENS- I KNOW THAT THIS
IS AN ISSUE THAT'S BEEN TALKED
ABOUT AT LEAST IN THIS POLICY
COMMITTEE. FOR AT LEAST THREE OR
FOUR YEARS NOW IN DIFFERENT WAYS
IT'S COME TO US IN DIFFERENT
FORMS- IT AND CERTAINLY
DIFFERENT IDEAS- AT YOU KNOW AND
I THINK WE WILL CONTINUE TO LOOK
AT LANGUAGE FOLKS. AT MOVE
FORWARD I KNOW THIS COMMITTEE
SPENT A LOT OF TIME. A LOOKING
AT PROPOSED AMENDMENTS AND
CERTAINLY I THINK THAT. IT'S
IMPORTANT THAT WE DON'T HAVE
AMBIGUITY AND ANY PROPOSED
AMENDMENTS THAT COME FORWARD.
AND SO- I. APPLAUD YOU FOR YOUR
WORK THIS HASN'T BEEN EASY AND-
I DO HOPE THAT. AS THERE IS
SUCCESS AT THE END OF THIS
PROCESS. SO WE HAVE A MOTION AND
WE'LL GO AHEAD AND ALLOW YOU TO
CLOSE AN INTAKE ABOUT. MANAGER
THANK YOU FOR YOUR COMMENTS AND
THEY GIVE COMMITTEE MEMBERS AND
THE QUESTION- I RESPECTFULLY ASK
FROM HAVE. THANK YOU. PLEASE
CALL THE ROLL. AB THIRTY NINE
MOTION IS TO PASS BUT FIRST
REFERRED TO THE COMMITTEE ON
JUDICIARY. CENTER LIMÓN AYE MON
AYE NILA. BRADFORD CABALLERO HI
COMMITTEE I MAN AYE MIN AYE
NGUYEN PORTANTINO. ALL RIGHT THE
S. THREE VIRTUALLY THE ROLE
THEN. THANK YOU. NOW WE HAVE
ASSEMBLY MEMBER TEAM WHO'S BEEN
WAITING THANK YOU. WITH OUR RATE
ASSEMBLY MEMBER TING YOU HAVE
THE- AB FIFTEEN EIGHTY SEVEN
BEFORE US THANK YOU MADAM CHAIR
OF THE FIRST IMAGES THANK YOU
AND THE COMMITTEE STAFF FOR ALL
THEIR- VERY THOUGHTFUL AND
THOROUGH WORK. ON THIS BILL
WE'RE HAPPY TO. TAKE THE
AMENDMENTS IN THE NEXT COMMITTEE
SHOULD JUST GET OUT OF THIS
COMMITTEE. AB FIFTEEN EIGHTY
SEVEN SIMPLY REQUIRES
IMPLEMENTATION OF NEW MERCHANT
CATEGORY CODES. FOR FIREARMS
RETAILERS THE INTERNATIONAL
ORGANIZATION FOR STANDARDIZATION
CREATED AN MCC FOR FIREARM
RETAILERS CURRENTLY FIREARMS ARE
GENERALLY CATEGORIZED AS
SPORTING GOODS OR OTHER. THIS
CODE FOUR DIGIT CODE- WHERE WE
IDENTIFY GROCERIES GAS. THE
RIVER CRITICAL TO HELP IDENTIFY
A SUSPICIOUS ACTIVITIES AS WELL
AS FIRE ARM TRAFFICKING ON THE
BILL SPECIFIC TO ONLY CALIFORNIA
BUSINESSES AND WE KNOW THAT
OTHER STATES HAVE BANNED ISSUES
BUT FINANCIAL ENTITIES WILL NOT
BE IMPACTED BY THAT PROHIBITION.
BY OTHER STATES WITH THIS BILL.
WE CURRENTLY HAVE- ADAM SKAGGS
FROM GIFFORDS TO TESTIFY AS A
WITNESS. THANK YOU WILL GO AHEAD
. I HAVE MISTER SKAGGS COME UP.
THANK YOU TO THE CHAIR VICE
CHAIR MEMBERS OF THE COMMITTEE-
INTO THE AUTHOR FOR HIS
LEADERSHIP ON THIS ISSUE I'M
GRATEFUL FOR THE OPPORTUNITY TO
SPEAK WITH YOU TODAY. I'M ADAM
SKAGGS CHIEF COUNSEL AND VICE
PRESIDENT FOR GIFFORDS LAW
CENTER THAT'S THE LEGAL ARM OF
THE GUN SAFETY ORGANIZATION LED
BY FORMER CONGRESSWOMAN GABBY
GIFFORDS. GIFFORDS
ENTHUSIASTICALLY SUPPORTS
ASSEMBLYMEMBER TING'S AB FIFTEEN
EIGHTY SEVEN- DEALING WITH
MERCHANT CATEGORY CODES FOR
FIREARM RETAILERS. IF ADOPTED
THIS BILL WOULD REPRESENT AN
IMPORTANT ADVANCE FOR PUBLIC
SAFETY AND I URGE THE COMMITTEE
TO SUPPORT IT. CALIFORNIA'S AS
AS YOU ALL KNOW IS A NATIONAL
LEADER ON FIGHTING GUN VIOLENCE
THE GUN LAWS PASSED BY THIS
LEGISLATURE R. AS THE STRONGEST
IN THE NATION. SO I KNOW MEMBERS
OF THIS COMMITTEE APPRECIATE THE
SERIOUSNESS OF THE ISSUE. AND
WITH THE ESTABLISHMENT OF A
MERCHANT CATEGORY CODE FOR
FIREARMS BUSINESSES WE NOW HAVE
THE OPPORTUNITY TO UTILIZE AN
IMPORTANT TOOL TO PREVENT
ILLEGAL GUN TRAFFICKING AND STOP
GUN VIOLENCE IN CALIFORNIA
BEFORE IT HAPPENS. AB FIFTEEN
EIGHTY SEVEN WILL ENSURE THAT WE
HAVE ACCESS TO THAT TOOL. NO I
KNOW I DON'T HAVE TIME FOR A
DETAILED DISCUSSION OF MCC'S BUT
FROM IN SHORT THEIR FOUR DIGIT
NUMBERS ASSIGNED BY CREDIT CARD
COMPANIES TO DIFFERENT KINDS OF
MERCHANTS. WE FOR THEIR UNIQUE
CODES FOR GAS STATIONS GROCERY
STORES YOU KNOW BIKE SHOP STORES
THAT SELL WIGS FLORES THE LIST
GOES ON I AB FIFTEEN EIGHTY
SEVEN WOULD JUST ENSURE THAT THE
CO A SIMILAR CODE IS USED BY
FIREARMS DEALERS. IN CALIFORNIA
JUST LIKE OTHER BUSINESSES USE
EVERY SINGLE DAY. IN OTHER
CONTEXTS IN MCC'S ANOTHER DATA
ARE USED BY FINANCIAL
INSTITUTIONS TO IDENTIFY
POTENTIAL CRIMINAL ACTIVITY.
INCLUDING MONEY LAUNDERING
FINANCING TERRORISM AND HUMAN
TRAFFICKING. THE MCC FOR
FIREARMS DEALERS CAN BE USED TO
DETER AND DETECT. ILLEGAL GUN
TRAFFICKING AND IF THE FINANCIAL
INDUSTRY CAN HELP US TO PREVENT
HUMAN TRAFFICKING THERE'S NO
REASON WHY IT SHOULD ALSO HELP
DETER AND PREVENT ILLEGAL GUN
TRAFFICKING. YOU KNOW WE'VE
REVIEWED FEDERAL PROSECUTIONS
FOR ILLEGAL GUN TRAFFICKING. AND
REVIEWING THOSE AND- YOU WILL
SEE ROUTINE USE OF CREDIT CARDS
BY TRAFFICKERS IN ACQUIRING THE
GUNS THAT THEY THEN PUT ON THE
ILLEGAL CRIMINAL MARKET- AND-
MMHM THE POSSIBILITY FOR. A TOOL
THAT WILL ALLOW DETECTION OF
THAT ILLEGAL TRAFFICKING.
ACTIVITY IS CRITICALLY IMPORTANT
FOR PUBLIC SAFETY UNFORTUNATELY
WE DON'T HAVE ACCESS TO THAT NOW
BECAUSE THE CREDIT CARD
COMPANIES HAVE PAUSED-
IMPLEMENTATION OF THE NEW CODE.
AB FIFTEEN EIGHTY SEVEN. WOOD ON
PAUSE THAT PROCESS I AND THAT'S
WHY WE THINK IT'S CRITICALLY
IMPORTANT AND THAT'S WHY WE URGE
THE COMMITTEE. TO APPROVE THIS
IMPORTANT LEGISLATION I
APPRECIATE AND THANK YOU FOR THE
OPPORTUNITY TO SPEAK WITH YOU
TODAY I'LL BE HAPPY TO ANSWER
ANY QUESTIONS IF I CAN HELP.
GREAT THANK YOU. ANY OTHER
WITNESSES IN ROOM TWENTY ONE
HUNDRED IN SUPPORT PLEASE COME
UP. REBEKAH MARQUEZ REPRESENTING
THE BILL'S CO SPONSOR OF THE
BRADY CAMPAIGN THANK YOU.
CYNTHIA SALAS MOMS DEMAND ACTION
FOR GUN SENSE IN AMERICA. IRATE
SEEN NO OTHER WITNESSES IN
SUPPORT IN ROOM TWENTY ONE
HUNDRED WE'RE GOING TO ASK FOR
OPPOSITION. TO TWENTY ONE
HUNDRED TO PLEASE COME FORWARD.
GOOD AFTERNOON MADAM CHAIR
MEMBERS OF THE COMMITTEE FOR THE
RECORD AND REQUEST REGIONAL
DIRECTOR OF THE NATIONAL RIFLE
ASSOCIATION. WELL WE'RE HERE IN
STRONG OPPOSITION WHAT EIGHTY
FIFTEEN EIGHTY SEVEN DOES IS IT
CREATES THIS PUBLIC PRIVATE
POLICING SCHEME- OF SOMEONE
PRIVATE INFORMATION ON TRACKING
PURCHASES- AND- CREATES A
CHILLING EFFECT PERHAPS ON
SOMEONE'S SECOND AMENDMENT
RIGHTS AS THEY GO OUT TO
PURCHASE FIREARMS AMMUNITION X.
SENTARA. AND IT TAKES A LOT OF
QUESTIONS AS FAR AS WHAT TRIGGER
SUSPICIOUS ACTIVITY AT WHAT
POINT WOULD A COMPETITIVE
SHOOTER. I'M CALIFORNIA HOME TO
AN OLYMPIAN SHOOTER WHO SHOOTS
UP TWO THOUSAND ROUNDS A DAY
WHEN THERE ARE PRACTICING IS
THIS WHAT TYPE OF ACTIVITY IS
GOING TO BE INCOME UPON. THESE
CREDIT CARD PAYMENT PROCESSORS
TO SAY OH THIS IS SUSPICIOUS
THEY HAVEN'T DONE ANYTHING WRONG
THEY'RE GOING THROUGH THE
APPROPRIATE LEGAL CHANNELS ARE
GOING TO A GUN STORE THEY'RE
PASSING. A BACKGROUND CHECK FOR
THEIR FIREARMS FOR THEIR
AMMUNITION IT'S GOING INTO A
REGISTRY BUT WE THINK THIS IS
SUSPICIOUS AND SO YOU ATTORNEY
GENERAL SHOULD LOOK INTO THIS
ACTIVITY FOR SOMEONE WHO'S GOING
THROUGH THE LAWFUL MEANS. AND SO
IT IT'S CREATING THIS THIS- VERY
INTERESTING PARTNERSHIP AND IT
ALSO BEGS THE QUESTION OF WHO
CAN ACCESS THIS INFORMATION
RIGHT. WE'VE OBVIOUSLY SEEN THE-
THE DATA LEAK OF GUN OWNER
INFORMATION. THIS PAST JUNE ARE
I GUESS IT'S A YEAR AGO NOW. I'M
ALSO THERE'S A LAW ON THE BOOKS
OF MANDATES PERSONAL IDENTIFYING
INFORMATION ON GUN OWNERS GET
TURNED OVER THE YOU SEE GUN
VIOLENCE RESEARCH CENTER. AS
WELL AS NONPROFITS AFFILIATED
WITH BONA FIDE RESEARCH
INSTITUTE SO DOES THAT MEAN.
PERHAPS THEIR CREDIT CARD
INFORMATION IN THEIR BUYING
HABITS ARE GOING TO BE PART OF
THIS SO CALLED RESEARCH. ON TO
GUN OWNERS AGAIN LAW ABIDING
PEOPLE- IF YOU LOOK AT IT IF
WILL BRING ABOUT TRAFFICKING
CRIMINALS ARE ARE NOT DONE
THEY'RE GOING TO. USE CASH
THEY'RE GONNA USE CHECKS ARE
GOING TO GO THROUGH DIFFERENT
MEANS. AND THE PEOPLE THAT OUR
LOVE LEFT BEING SCRUTINIZED
HEAVILY BY PRIVATE INSTITUTIONS
IS GOING. TO BE THESE LAWFUL
FOLKS. I'M AND SO I JUST I THINK
THAT THIS IS THE BAD POLICY
OBVIOUSLY IT PUTS- THE CARD
PAYMENT PROCESSORS IN A
PRECARIOUS SITUATION OF SOMEONE
WHO. MAY WANT TO BUY A FIREARM-
THROUGH A- LICENSE DEALER. AND
IT'S OUT OF STATE HAS TO BE
PROCESS HOW DO HOW DO THE CARD
PAYMENT PROCESSORS MAKES SENSE
WHEN THERE ARE STATES. THAT HAVE
PROHIBITED THIS SUCH AS TEXAS
IDAHO MISSISSIPPI XCERRA. OR IF
SOMEONE'S GOT A- GOING HAS A
CALIFORNIA CARD. I THINK THERE'S
A LOT OF QUESTIONS ON WHAT
WHAT'S GOING TO TRIGGER
SUSPICIOUS ACTIVITY. OUR CARD
SUPPOSED TO HANDLE INTERSTATE
TRADE TYPE TRANSACTIONS. MAKE
CETERA AND- I KNOW IT'S LATE
AFTERNOON SAW ALL LEAVE SOME
TIME FOR- MY COLLEAGUE TO SPEAK
A LITTLE BIT BUT WERE IN STRONG
OPPOSITION THIS THANK YOU. THANK
YOU. MADAM CHAIR MEMBERS SAMPRAS
REPRESENTING GUN OWNERS A
CALIFORNIA. THIS IS THE FIRST
TIME SINCE NINETEEN EIGHTY LIVE
IN LOBBYING- ON BEHALF OF THE
SECOND MINUTE THEN I'M GONNA
READ MY TESTIMONY TO KEEP IT
CONCISE. AND THIS IS A VERY
COMPLICATED ISSUE. GUNNERS
CALIFORNIA RESPECTFULLY
EXPRESSES THEIR OPPOSITION TO AB
FIFTEEN NINETY SEVEN. RECENTLY
AMENDED TO REQUIRE ENTITIES THAT
PROCESS CREDIT CARD PAYMENT
TRANSACTIONS TO ASSIGN CATEGORY
CODES. FOR THE SALE OF FIREARMS
AND AMMUNITION AS YOU'RE NO
DOUBT AWARE THE INTERNATIONAL
ASSOCIATION OR ORGANIZATION
STANDARDIZATION ESTABLISHED
CATEGORY CODES FOR BUSINESSES
WORLDWIDE. THEY RECENTLY CREATED
NEW CODES SPECIFIC TO FIREARMS
AND AMMUNITION RIGHT OUT OF THE
GATE IT IS IMPORTANT TO NOTE
THAT IT IS NOT THE FIREARMS
DEALERS OR RETAILERS. WHO SIGNED
THE USE OF THE ISO'S MERCHANT
CATEGORY CODES. BUT RATHER THE
CREDIT CARD PROCESSOR'S
THEMSELVES. THUS ACCORDING TO
ABC FIFTEEN EIGHTY SEVEN IT IS
THE PROCESSORS WOULD BE CHARGED
WITH A CRIME AND FIND IF THEY DO
NOT TREAT TRANSACTIONS. WITH THE
FIREARMS AND AMMUNITION CODES
NOT THE DEALERS IT IS OUR
UNDERSTANDING AS WELL THAT UNDER
THE PROVISIONS OF AB FIFTEEN
EIGHTY SEVEN SUCH A CODE WOULD
COVER ALL TRANSACTIONS FROM. OF
THE FIREARMS AND AMMUNITION
BUSINESSES CONSEQUENTLY IF
SOMEONE WERE TO MAKE SUCH A
BENIGN CREDIT CARD PURCHASES A
CANDY BAR OR A T. SHIRT.
PURCHASED ATTY OF FIREARMS AND
AMMUNITION VENDOR THERE WOULD
THEIR INFORMATION AND THAT'S IT
WOULD BE CATALOGS FARMS AND
AMMUNITION RELATED RECENTLY-
REPORTS INDICATE THAT VISA
MASTERCARD AMERICAN EXPRESS.
HAVE EXPRESSED CONCERNS
REGARDING POLICIES EMPHASIZING
THAT THEY CANNOT ACCESS
INDIVIDUAL ITEM DATA AND WILL
CONTINUE TO ALLOW ALL LAWFUL
PURCHASES. QUOTE OUR POLICY HAS
BEEN AND WILL REMAIN THAT OUR
CUSTOMERS ARE ABLE TO MAKE LEGAL
FIREARMS PURCHASES USING OUR
CARDS SAID BRAD LOPER EXECUTIVE
VICE PRESIDENT. OF GLOBAL
GOVERNMENT AFFAIRS FOR AMERICAN
EXPRESS MASTERCARD WENT ON THE
RECORD. OF THAT THE COMPANY
QUOTE APPRECIATES THE URGENT
NEED TO REDUCE GUN VIOLENCE IN
THE U. S. AND QUOTE BUT THE
MCC'S QUOTE WERE NEVER INTENDED
TO BE UTILIZED AS A LAW
ENFORCEMENT TOOL. QUOTE WE DO
NOT BELIEVE PRIVATE COMPANIES
SHOULD SERVE AS MORAL ARBITERS.
IN COURT BC CHIMED IN AS WELL
STATING. ASKING PRIVATE
COMPANIES TO DECIDE WHAT LEGAL
PRODUCTS OR SERVICES CAN OR
CANNOT BE BOUGHT. AND FROM WHAT
STORES SUCH A DANGEROUS
PRECEDENT GOC HAS TESTIFIED ON
NUMEROUS OCCASIONS. ABOUT OUR
CONCERNS REGARDING THE
IMPOSITION OF NEW MANDATES ON
THE DEPARTMENT OF JUSTICE IT HAS
BEEN ABUNDANTLY CLEAR MANY
TIMES- BY THE DEPARTMENT'S OWN
ADMISSION THAT IT'S GIVEN. THAT
GIVEN ITS PRESENT STAFF AND
BUDGET THEY ARE ILL EQUIPPED TO
PROPERLY HANDLE THEIR EXISTING
MANDATED RESPONSIBILITIES IN A
TIMELY AND EFFICIENT MANNER.
THIS IS YET ANOTHER SUCH
REQUIREMENT THAT WILL HAVE NO
BEARING WHATSOEVER ON THE
PREVENTION. OF CRIMINAL GUN USE
ON WRAPPING UP YOUR MOUTH THINK
OF WHAT POTENTIAL CHILDREN
AFFECTS ME THIS APP ON LAW
ABIDING CITIZENS AND SECOND IN A
RIGHTS WHAT GUARANTEES FOR THE
DEPARTMENT PROVIDE THAT
INDIVIDUALS LARGE LEGAL
PURCHASES. SUCH AS A HUNTING
TRIP AND A COMMONPLACE VISIT TO
ARRANGE BEFORE. SOMETIMES VERY
LARGE PURCHASES WHEN THEY
WOULDN'T TRIGGER AN UNWELCOME
AND UNWARRANTED VISIT GOC-
BELIEVES THAT THE INFORMATION
ACCUMULATED BY THE USE OF ISO
DESIGNATIONS FOR FIREARMS AND
AMMUNITION VENDORS WILL PROVIDE
NO USEFUL OR ADDITIONAL DATA
THAT WOULD ASSIST THE DOJ OR
OTHER LAW ENFORCEMENT. AGENCIES
AND SOLVING OR PREVENTING CRIMES
OF ANY SORT FOR THESE REASONS
GUN OWNERS CALIFORNIA IS
STRONGLY OPPOSED AB FIFTEEN
EIGHTY SEVEN AND I THINK YOU.
THANK YOU. ANY OTHER WITNESSES
IN THE ROOM IN OPPOSITION JUST
NAME AFFILIATION PLEASE. SEEN
OTHER WITNESSES IN OPPOSITION IN
THE ROOM WILL GO AHEAD TO MOVE
TO THE WITNESSES WAITING TO
TESTIFY VIA THE TELECONFERENCE
REAVIS. MODERATOR IF YOU COULD
PLEASE PROMPT INDIVIDUALS
WAITING TO TESTIFY IN SUPPORT OR
OPPOSITION TO AB FIFTEEN EIGHTY
SEVEN WE WILL BEGIN. THANK YOU
MADAM CHAIR AS SHE STATED IF
YOUR SUPPORT OR OPPOSITION TO AB
FIFTEEN EIGHTY SEVEN PLEASE
PRESS ONE FOLLOWED BY ZERO ONE
FOUR BY ZERO. AND LET'S GO TO
LINE ONE SEVENTY NINE. ANY OFFER
WITH EVERYTOWN FOR GUN SAFETY A
MONSTER BAND ACTION AS WELL AS
STUDENTS DEMAND ACTION IN
SUPPORT OF THE BILL THANKS.
THANK YOU. I WON NINETY ONE
PLEASE GO AHEAD. THANK YOU
MICHAEL FINLEY WITH THE NATIONAL
SHOOTING SPORTS FOUNDATION WHERE
THE TRADE ASSOCIATIONS OR A
FIREARM MANUFACTURERS RETAILERS
AND RANGERS. WE WILL BE IMPACTED
BY THIS DIRECTLY. A LOT OF
UNINTENDED CONSEQUENCES WITH
THIS YEAR OR IN STRONG
OPPOSITION AND QUITE FRANKLY A
LOT OF PAIN PARTICULARS WOULD IT
HAVE TO HAVE MULTIPLE NAMES YOU
JUST NAME ACTUALLY ASIAN THANK
YOU THANK YOU. THANK ONE TWO
HUNDRED ONE PLEASE GO AHEAD. HI
MY NAME IS LAURIE AND I AM A
SURVIVOR OF GUN VIOLENCE IN
ARMED ROBBERY AND IN STRONG
OPPOSITION OF THIS BILL THANK
YOU THANK YOU. PLEASE CALL
HEADLINE ONE EIGHTY NINE. HELLO
MY NAME IS STEVE RODHAM ALLIES
MEMBER NATIONAL RIFLE
ASSOCIATION CALIFORNIA RIFLE AND
PISTOL ASSOCIATION AND US NAVY
VETERAN. AND ON BEHALF OF FOUR
HUNDRED PLUS GUN OWNERS IN LAKE
AND MENDOCINO COUNTIES I
STRONGLY URGE THE COMMITTEE. TO
OPPOSE ASSEMBLY BILL FIFTEEN
EIGHTY SEVEN THANK YOU THANK YOU
. PLEASE CALL ONE GO AHEAD LIKE
TWO HUNDRED. GOOD AFTERNOON
THANK YOU FOR THE OPPORTUNITY MY
NAME IS DARREN BUT LONG NUMBER
OF THE CALIFORNIA RIFLE AND
PISTOL ASSOCIATION AND
GUNNARSSON IN ORDER TO
CALIFORNIA. AND I AM CALLING TO
URGE A OPPOSITION AB FIFTEEN
EIGHTY SEVEN THANKS FOR YOUR
TIME. THANK YOU. FIVE FIVE
PLEASE GO AHEAD. MISTER MCMAHON
I'M NOT SURE OF THE CELL
SACRAMENTO CHAPTER OF THE
CALIFORNIA RIFLE AND PISTOL
ASSOCIATION AND ALREADY MEMBER
IN STRONG OPPOSITION. THANK YOU
. PLEASE GO AHEAD I LIVE ONE
NINETY SEVEN. NINE ONE NINETY
SEVEN BUT. WHEN NINETY SEVEN
YEAR OLD AND- HI THIS IS DAN
TROLLS I'M A LIFE MEMBER SEE RPA
AND ENTERING AND I AM STRONG
OPPOSITION IN FIFTEEN EIGHTY
SEVEN. THANK YOU. PLEASE GO
AHEAD LIKE TWO OR THREE. GOOD
AFTERNOON MY NAME IS MIKE ELLIOT
RESIDENT VENTURA COUNTY MEMBER
OF THE C. RPA AND IF. VENTURA
COUNTY CHAPTER. AN NRA MEMBER I
STRONGLY OPPOSE THIS BILL THANK
YOU THANK YOU. FIND ONE HUNDRED
EIGHTY SEVEN PLEASE GO AHEAD.
BURKE TRAVIS LEGISLATIVE
DIRECTOR FOR CALIFORNIA RIGHT
FOR BOTH OF THOSE THINGS AND
REPRESENTING TENS OF THOUSANDS
OF HUNTERS AND COMPETITIVE
SHOOTERS. AND WE'RE OPPOSED. TO
FIFTEEN EIGHTY SEVEN THANK YOU
THANK YOU. ONE NINETY TWO PLEASE
GO AHEAD. GOOD AFTERNOON MY NAME
IS PAT HURDEN I AM A LIFE MEMBER
OF THE NRA LIFE MEMBER OF THE
CALIFORNIA RIFLE PISTOL
ASSOCIATION. CHAIRMAN OF THE
TAMA COUNTY GUN OWNERS AND A
RETIRED CHP SERGEANT. I AM IN
STRONG OPPOSITION TO AB FIFTEEN
EIGHTY SEVEN THANK YOU THANK YOU
. ONE EIGHTY EIGHT YOU ARE OPEN
. HI MY NAME IS MIKE FRANCO A
RESIDENT OF CENTER MEN'S
DISTRICT THE NUMBER OF THE C. R.
PA AND THE NATIONAL SHOOTING
SPORTS FOUNDATION OF EXPRESSING
MY OPPOSITION TO FIFTEEN EIGHTY
SEVEN. THANK YOU. PLEASE GO
AHEAD TWO HUNDRED AND FOUR.
COLLECTED A BAKER RESIDENT OF
AMADOR COUNTY MEMBER OF THE NRA
CALIFORNIA RIFLE AND PISTOL
ASSOCIATION THE M. ONE GRAND
COLLECTORS ASSOCIATION AND THE
ARMED WOMEN OF AMERICA. AND AYE
OPPOSED FIFTEEN EIGHTY SEVEN.
THANK YOU. ONE NINETY SIX YOUR
LINE IS OPEN. GOOD AFTERNOON I'M
DOMINIC BEARD FROM RICHMOND
CALIFORNIA I'M A UNIVERSITY OF
CALIFORNIA EMPLOYEE YOUR PAN
NUMBER AND ARE A MEMBER. AND
STRONGEST OPPOSITION THANK YOU
THANK YOU. ONE NINETY FOUR
PLEASE GO AHEAD. A MARK
RASMUSSEN NUMBER LOCALITY
RESIDENT- STRONGLY URGING NO
VOTE ON A. B. FIFTEEN. THANK YOU
. I NEED HUNDRED TWO YOUR LINE
IS OPEN. THE CHURCH'S GARDELLA
MEMBER OF THE NRA THE CALIFORNIA
RIGHT JUST OVER FIFTY NATION AND
UNDER THE CALIFORNIA AND A
LAWFUL OWNER OF GOES IN THE
STATE OF CALIFORNIA AND I
STRONGLY OPPOSE AB FIFTEEN
EIGHTY SEVEN. THANK YOU. ONE
NINETY EIGHT PLEASE GO AHEAD.
HELLO MY NAME IS KAREN GREENWOOD
RESIDENT- EL DORADO COUNTY. IT
IS A LIFE MEMBER. AS YOU MEMBER
ECCENTRIC- STRONGLY OPPOSITION
TO THIS THIS ISN'T JUST
UNFORTUNATELY A YOU EARNS. IT
SHOULD AND THANK YOU BRING
HISTORY PROP THANK YOU. PLEASE
GO AHEAD LINE TWO OH SIX.
MICHAEL ACROSS FROM- HI I AM A
MEMBER THE VENTURA COUNTY GUN
OWNERS ASSOCIATION THE
CALIFORNIA LIFE ONE TO FOUR
POSITION OF THE NRA I'M TRYING
OPPOSITION OF AB FIVE ONE FIVE
EIGHT SEVEN. THANK YOU. ONE
NINETY NINE PLEASE GO AHEAD.
JAMES O'BRIEN LIFELONG
CALIFORNIA RESIDENTS A LIFE
MEMBER OF THE NRA MEMBERS OF THE
RPA. LICENSE THAT CALIFORNIA
SPORTS CONSTRUCTING OPPOSITION
OF AB FIFTEEN EIGHTY SEVEN.
THANK YOU. AND THEN I'M SURE WE
TO CLEAR THE QUEUE ALL RIGHT
MEMBERS WE WILL NOW BRING IT
BACK FOR COMMENTS AND QUESTIONS
SENATOR MEN- THANK YOU MADAM
CHAIR I WANT TO THANK THE AUTHOR
FOR BRINGING THIS IMPORTANT BILL
FORWARD AND I'M I'M PROUD TO BE
A PRINCIPAL CO AUTHOR ON THIS
MEASURE. AGAIN VIOLENCE AS WE
KNOW EVERY DAY IS HAPPENING IN
THIS COUNTRY LEVELS THAT ARE
JUST ABSURD FRIGHTENING- AND WE
SHOULD BE DOING EVERYTHING WE
CAN TO STOP GUN VIOLENCE
WHENEVER POSSIBLE THIS SEEMS
LIKE A VERY COMMONSENSE BILL
AND- YOU KNOW I LISTEN TO THE
TESTIMONY I HEARD A LOT OF WORST
CASE SCENARIOS BUT- WE'RE
TALKING ABOUT A- MERCHANT CODE-
AND- JUST TO BE CLEAR THIS COULD
HAVE PREVENTED NUMEROUS. MASS
SHOOTINGS THAT WE SAW VERY
RECENTLY OPPER HALF THE
PHILADELPHIA SHOOTING WE DON'T
KNOW YET WHETHER THAT PERSON
PURCHASE THOUSANDS OF DOLLARS
WORTH OF GUNS. AMMUNITION BODY
ARMOR I WE DO KNOW THAT THE
SHOOTER IN THE PULSE NIGHTCLUB
IN ORLANDO IN TWENTY SIXTEEN. I
SPENT THOUSANDS OF DOLLARS
BUYING GUNS AND LETHAL WEAPONS
ON CREDIT CARDS IN THE DAYS
LEADING UP TO THE ATTACKS. I IN
TWENTY TWELVE THE SHOOTER IN THE
MOVIE THEATER IN AURORA COLORADO
HAD THE SAME THING HAPPENED- WE
KNOW THAT THIS CAN BE
POTENTIALLY A PREVENTATIVE TOOL.
I IN AIDING LAW ENFORCEMENT IN
TRYING TO DETER PERHAPS
APPREHEND PEOPLE WHO ARE LOOKING
TO DO WRONG. AND THAT'S WHAT
THIS BILL IS ABOUT AND IF YOU
CAN'T GET BEHIND BILLS THAT
WOULD JUST STOP BASIC BREAKING
OF LAWS- GUN TRAFFICKING MASS
SHOOTING. TO ALL THE FOLKS OUT
THERE ARE LEGALLY PURCHASING
GUNS I DON'T THINK THIS IS GOING
TO IMPACT YOU- BUT IF THIS CAN
STOP MASS SHOOTINGS WHICH I
THINK IT WILL. I DON'T SEE WHY
YOU WOULDN'T DO IT IN AS IT'S
BEEN POINTED OUT IN TESTIMONY
FROM- THE SUPPORT WITNESS EVERY
OTHER MAJOR BUSINESS TYPE
ALREADY HAS A MERCHANT CODE. FOR
THIS AB FIFTEEN EIGHTY SEVEN WE
JUST PROVIDE IMPORTANT
GUARDRAIL. TO HELP FLAG
SUSPICIOUS PURCHASES AND STOP
FUTURE ORDERS- TO FUTURE CASES
OF GUN VIOLENCE WHEN THEY MIGHT
BE DETECTABLE SO- I WOULD MOVE
THE BILL INAPPROPRIATE I
APPRECIATE THE WORK THE AUTHORS
DONE ON THIS ISSUE AREA. I WOULD
ENCOURAGE MY COLLEAGUES TO VOTE
I. THINK YOU CENTER MAN WE HAVE
A MOTION BY SENATOR MEN NEXT. WE
HAVE A VICE TOURNEY LOW. THANK
YOU MADAM CHAIR- ASSEMBLY MEMBER
ATTENDING THE- RETAIL CODE. IS
ASSIGNED HER. RETAIL OUTLET OR
PER TRANSACTION. THE PROBLEM MY
UNDERSTANDING HARPER OUTLET. SO
I'M- OBVIOUSLY A STORE THAT
SELLS JUSTER PRIMARILY. GUNS AND
AMMUNITIONS WOULD GET THAT CODE.
BUT WOULD ALSO. COMPEL IS.
ADDICTS SPORTS ANOTHER THEY SELL
GUNS THEY THEY DON'T GET THAT
BECAUSE THEY DON'T. WHERE YOU
GOING TO ADD SOMETHING TO THAT.
HI IF YOU'D LIKE ME TO I WOULD
THE ECHO OF THE AUTHOR AND- THE
BILL DEFINES BUSINESSES WHOSE A
MAJORITY OF THEIR SALES ARE FOR
FIREARMS OR AMMUNITION. SO BRICK
AND MORTAR GUN STORE THAT MAY
SELL SOME OTHER MERCHANDISE BUT
THERE. MAJORITY OF THEIR SALES
ARE ORDER FIREARMS OR AMMUNITION
WOULD BE ASSIGNED A CODE A
WALMART OR ANOTHER STE THE
RETAILER THAT HAS A VERY VARIED-
PRODUCT LINE WOULD NOT. AND WHY
DID WHY OF THE RETAILERS ARE
ISSUES ME THE CREDIT CARD
COMPANIES PAUSE THE
IMPLEMENTATION OF THIS I DON'T
KNOW IF IT AFFECTS AND THE
PARDON. YOU HAVE TO ASK THEM
THEY HAVE THEIR THEY REMAINED
SILENT ON THAT WE'VE BEEN.
TALKING TO THEM IN TERMS OF
THEIR CONCERNS WITH THE BILL- WE
HOPE THAT BE ABLE TO WORK OUT
DIFFERENCES BUT I CAN'T ANSWER
FOR THEM. OKAY IF THERE'S A
VIOLATION. THE VIOLATION FALLS
ON THE RETAIL OUTLET NOT ON THE
PURCHASER I SUPPOSE. RIGHT.
AGAIN THE OF THAT THE GIFFORD'S
ATTORNEY- AFTER THAT SPECIFIC
QUESTION BUT AGAIN. THESE CODES
ARE USED FOR. EVERY SINGLE
RETAIL PURCHASE. IN THE COUNTRY
NO I GET THAT BUT- JUST ANSWER
YOU YOU'VE YOU'VE ESTABLISHED
LICENSE IF I COULD PLEASE ANSWER
OKAY YOU COULD FEEL FREE TO. ASK
ANOTHER QUESTION IF YOU'D LIKE.
COM AGAIN. THIS IS A VERY SIMPLE
BILL WELL I KNOW THAT THE-
BOOGEYMAN SCENARIO THE SECOND
WITNESS- ISSUED- IS THERE IS. A
BOOK YOU MISTER. THAT'S NOT HOW
WE DO POLICY. THIS IS A-
MERCHANT CODE. THAT THE CREDIT
CARD COMPANIES FIVE. EVERY
SINGLE RETAIL. RIGHT EVERY
SINGLE RETAILER WHEN YOU WHEN I.
GO GET. THE RESTAURANT WE GO TO
TARGET GO TO THE GROCERY STORE.
WE USE A CREDIT CARD ACCOUNT. SO
IT'S VERY SIMPLE FAIR THE
INTERNATIONAL ASSOCIATION AGAIN
THIS IS NOT A SPECIAL CODE THE
NATIONAL ASSOCIATION CAME UP
WITH COUNT. ALL WE'RE ASKING IS
THAT IN CALIFORNIA THAT WE USE.
THAT COOK. AGAIN SUSPICIOUS
ACTIVITY IS UP TO. LAW
ENFORCEMENT THE CREDIT CARD
COMPANIES TO DETERMINE. I'M SURE
YOU AND I HAVE BOTH GOT
NOTIFICATIONS FROM VISA AMERICAN
EXPRESS. DINERS CLUB WHATEVER
CREDIT CARD WE USED TO SAY. SIR
THERE'S BEEN SUSPICIOUS ACTIVITY
WE JUST WANT YOU TO NOTIFY RIGHT
SO THEY HAVE A PROCESS AS TO.
WHAT THAT HAPPENS HI I DON'T
KNOW ALL THE INS AND OUTS OF
THAT PROCESS. BUT AGAIN THEY
THEY ARE FULLY. PREPARED AND
THEY ARE AWARE THEY HAVE A
PROCESS THAT THEY DO THAT WE ARE
NOT DICTATING WHAT THE PROCESSES
THEY HAVE THEIR OWN PER PROCESS
OR ASKING IS THAT THE USE. THAT
PARTICULAR CODE AT THE
INTERNATIONAL STANDARD
ORGANISATION HOUSE. PROVIDED
SOME OF THE WITH THE YES SO JUST
TO RESPOND YOU HAD ASKED A
QUESTION ABOUT VICE CHAIR.
REGARDING IF THERE'S A VIOLATION
WITH THE SANCTIONS OF FALL ON
THE RETAILER ON THE PURCHASER.
AND I'M NOT SURE EXACTLY WHAT
YOU MEAN BY VIOLATION AND
PERHAPS I COULD CLARIFY. THIS
CODE WOULD BE ASSIGNED TO A
STORE THIS CODE CANNOT AND WILL
NOT BE USED TO BLOCK ANY SALE SO
IF THERE'S SOMEONE WHO IS
LEGALLY BUYING AMMUNITION
LEGALLY BUYING A FIREARM LEGALLY
BUYING. I DON'T KNOW HAD
BASEBALL HAT OR OTHER CLOSE AT
THAT STORE IT CANNOT AND IT WILL
NOT BLOCK ANY SALES SO THIS IS
NOT A VIOLATION PER SE IN MAKING
ANY KIND OF A PURCHASE- AND IF I
COULD RESPOND QUICKLY TO
SOMETHING THAT WAS RAISED BY ONE
OF THE OTHER WITNESSES. THAT
CONCERNS ABOUT PRIVACY- TWO
POINTS ON THAT FIRST OF ALL THE
DETAILS OF PURCHASING FIREARMS.
THAT ARE SHARED WITH THE STATE
OF CALIFORNIA ARE VASTLY MORE
DETAIL THAN ANYTHING ANY
INFORMATION THAT WOULD BE SHARED
WITH ANYBODY. IN PARTICULAR A
CREDIT CARD COMPANY UNDER THIS
LEGISLATION- SO I THINK CONCERNS
ABOUT PRIVACY THAT YOU MAKE HERE
ARE VASTLY OVERSTATED IF NOT
SIMPLY ON ON ON TRUE- AND- IT.
AND THEN I ALSO JUST WANT TO
MAKE THE POINT THAT- YOU KNOW
THEY WERE CONCERNED ABOUT
SOMEBODY'S GOING ON HUNTING TRIP
OR IS ABOUT TO GO TO COMPETITION
FORTUNATE COMPETITION. SO
STOCKING UP ON A LARGE AMOUNT OF
AMMUNITION MAKING A VERY LARGE
PURCHASE. IF YOU ARE COMPETITIVE
SHOOTER WHO IS REGULARLY BUYING
LARGE AMOUNTS OF. AMMUNITION OR
OTHER PURCHASES AT A CONCERT
THERE'S GONNA BE NOTHING
ATYPICAL OR SUSPICIOUS ABOUT
SPENDING A LARGE AMOUNT OF
MONEY. WHAT WE HAVE SEEN AND I
APPRECIATE THE- AUTHOR HAVING
MENTIONED THE SENATE. SOME
SHOOTINGS LATELY LIKE THE PULSE.
WHERE IN A MATTER. OF AND WEEKS.
THE SHOOTER THERE SPENT. TENS OF
THOUSANDS OF DOLLARS AMASSED THE
ARSENAL THAT HE USED TO
PERPETUATE THAT ATROCITY. AND
WHAT WAS UNIQUE ABOUT THAT WAS
NOT THE VOLUME NOT NOT THE
AMOUNT OF MONEY THAT WAS SPENT
BUT THE ATYPICAL ALITY OF THE
SPENDING PATTERN SO THE SHOOTER
WENT OUT AND TOOK OUT A BUNCH OF
EXTRA CREDIT CARDS- AND THEN IN
A VERY ATYPICAL FASHION FOR HIS
USUAL SPENDING PATTERN. RACKED
UP HUGE AMOUNTS OF PURCHASES AT
GUN STORES THE THEN OBVIOUSLY
USED WHAT HE BOUGHT TO KILL.
DOZENS AND DOZENS OF PEOPLE AT A
NIGHTCLUB. I AND SO I THINK. YOU
WHEN YOU THINK ABOUT HOW
FINANCIAL INSTITUTIONS USE THESE
DATA POINTS AND COME UP WITH
ALGORITHMS TO DETECT THINGS LIKE
HUMAN TRAFFICKING. AND FINANCING
OF TERRORISM HEY IT'S NOT JUST
SIMPLY THE FACT OF A PURCHASE OR
THE VOLUME OR THE AMOUNT OF A
PURCHASE. IT'S THE WAY THAT THAT
A FACT OR THE WAY THAT THAT
RELATES TO EXISTING SPENDING
PATTERNS. SO THOSE ARE THE KINDS
OF ATYPICAL VARIATIONS FROM
CONSUMERS ORDINARY USE OF
CREDIT. AND OF COURSE. A LOT OF
THE TIME MASS SHOOTERS RACK UP
SO MUCH DEBT IN SUCH A SHORT
PERIOD OF TIME. BECAUSE THEY
DON'T PLAN TO SURVIVE THE MASS
SHOOTING THEY'RE ABOUT TO PER-
PERPETRATE SO THEY'RE NOT REALLY
WORRIED ABOUT PAYING OFF THOSE
CREDIT CARDS THAT'S THE SORT OF
SUSPICIOUS ACTIVITY. NOT SIMPLY
BECAUSE SOMEONE WHO REGULARLY
BUYS A LOT OF AMMUNITION WHICH
IS LAWFUL AND WHICH IS NOT
SUSPICIOUS. OF THE FINAL POINT
I'LL MAKE I AGREE WITH ASSEMBLY
MEMBER TANK. THAT I DON'T KNOW
EXACTLY WHAT IS MOTIVATED VISA
OR MASTERCARD TO. PRESS PAUSE
ABOUT WHAT I DO THINK WE CAN
ASSUME IS THAT BECAUSE OTHER
STATES. HAVE STEPPED IN AND SAID
YOU KNOW WE REFUSED TO ALLOW THE
USE OF THIS LIFESAVING. TOOL BY
THESE COMPANIES. THE CREDIT
COMPANIES. HAVE SAID PUBLICLY
THEY NEED TO SORT OF STUDY WHAT
THE REGULATORY ENVIRONMENT IS.
THEY NEED TO TAKE TIME- AND
THIS. LEGISLATION AS AMENDED
WILL GIVE THEM PLENTY OF TIME I
THINK TO- THEY'RE VERY
REASONABLE DEADLINES IMPOSED ON
THE OBLIGATIONS THAT THAT
COMPANIES WOULD HAVE UNDER THIS
LEGISLATION- AND WE WORKED WITH
THEM WE'VE HAD DIALOGUE WITH
THEM. WE'VE AGREED TO AMEND SOME
OF THE DEADLINE- SO I THINK THIS
IS A VERY REASONABLE VERY VERY
MODEST- PIECE OF LEGISLATION
THAT HAS THE POTENTIAL TO.
PREVENT ILLEGAL CONDUCT AND
PREVENT KILLINGS THANK YOU
CENTER LEANER ANYMORE QUESTIONS.
YEAH BECAUSE AND I APOLOGIZE
FOR- JUMPING IN. AND I LISTEN TO
WHAT YOU HAD TO SAY AND WHAT THE
WITNESS HAD TO SAY AND NONE OF
THAT ANSWERS MY QUESTION. MY
QUESTION IS THIS BILL BY A- IT
HAS A PENALTY- FOR- THE GENERAL
ATTORNEY GENERAL HAS THE
EXCLUSIVE- AND FORSMAN AUTHORITY
AND REQUIRES A COURT. THAT
DETERMINES THAT A PERSON OR
ENTITY HAS VIOLATED THESE
PROVISIONS OF THIS BILL- WITH A-
CIVIL PENALTY ON THE AMOUNT OF
TEN THOUSAND DOLLARS. DOES THAT
APPLY TO ANY OTHER RETAIL CODES
BESIDES THIS ONE. I I'VE- FOR
FAILURE TO USE THE CODE ONCE
IT'S MANDATORY THAT THE CODE BE
USED AS AS OPPOSED TO A PENALTY
FOR A PURCHASER'S LET'S SAY
PURCHASING A PARTICULAR SO
THAT'S FOR ANY RETAIL CODE. AND
WE'RE JUST THIS RETAIL BECAUSE
IT'S THIS BILL AS I UNDERSTAND
IT PERTAINS ONLY TO THE USE OF
THIS CO THAT'S FIREARMS THANK
YOU THAT'S MY POINT AND- THAT'S
THE QUESTION THAT I WAS TRYING
TO ASK WHICH- ALL OF THESE WORDS
THAT. YOU USE THANK YOU VERY
MUCH AND YOU USE THANK YOU VERY
MUCH DIDN'T ANSWER MY QUESTION.
YOU BEGAN TO ANSWER A SECOND
QUESTION THAT I HAD AND THAT IS
WHAT'S VICIOUS ACTIVITY. BUT THE
POTENTIAL PENALTY IS ONLY.
RELATIVE TO THE USE OF THE
RETAIL CODE THAT IDENTIFIES A
GUN- AND AMMUNITION. STORES THAT
UP SELL THOSE PRODUCTS. NOW WITH
REGARD TO SUSPICIOUS ACTIVITY I
WAS GONNA ASK WHAT IS SUSPICIOUS
ACTIVITY WHAT WOULD- CREATE THE
ENFORCEMENT THAT YOU'RE LOOKING
FOR RELATIVE TO- WEAPONS THAT
MIGHT BE PURCHASED FOR- THE KIND
OF ACTIVITY THAT WE DO. I THINK
OR DERANGED. BUT THEY'RE NOT
STUPID. SO IF THIS BILL PASSES.
AND- THE- EXAMPLE WAS USED IT
WOULD HAVE PREVENTED- THE
PURCHASE OF. FIREARMS THAT WERE
USED IN IN MASS SHOOTINGS. DO
YOU THINK THAT A PERSON WHO IS
CONTEMPLATING THAT. IS GOING TO
THEN GO USE A CREDIT CARD. TO
PURCHASE THE PRODUCTS THAT HE
NEEDS TO PERFORM HIS DASTARDLY
OF. EVENTS THE ANSWER IS YES
BECAUSE SENATOR MEN USE
PARTICULAR EXAMPLE IN ORLANDO AT
THE PULSE NIGHTCLUB SHOOTING SO-
DOES THAT DOES THIS LAW IS OPEN
FROM INSTRUCTORS THIS EXIST IN.
IN FLORIDA AGAIN THE CODE THAT
THE SHOOTING WAS NUMBER YEARS
AGO- PRIOR TO TWO THOUSAND
TWENTY TWO TWO THOUSAND TWENTY
TWO SEPTEMBER IS WHEN THE
INTERNATIONAL ORGANIZATION ARE
CREATED THE STANDARD FOR THIS
CODE. I AND I GET THAT ONCE THIS
BILL IS PASSED IN CALIFORNIA IF
. I GOT THIS LIMITED LIMITS OF
THIS WAY. IF THE LOGS IF THIS IF
THIS BILL. CAME LAW IT WAS A LOT
OF THE LAND IN FLORIDA. HE WOULD
. HAVE BEEN A TOOL TO DETECT THE
PULSE NIGHTCLUB SHOOTER WHO DID
PURCHASE TENS OF THOUSANDS OF
DOLLARS WORTH OF FIREARMS IN A
VERY VERY SHORT TIME. LEADING UP
TO THAT ORLANDO NIGHTCLUB I
WOULD JUST SUGGEST THAT THAT
PERSON PROBABLY WOULDN'T USE A
CREDIT CARD NOW MAYBE I'M CRAZY
. BUT I'M QUESTIONING WHETHER
THIS REALLY GETS AT THE PROBLEM
THAT YOU'RE TRYING TO SELL. THIS
IS ACTUALLY VERY SIMPLE. I DON'T
DISAGREE WITH THAT SO AGAIN. WE
DON'T. WE SUPPOSE OR TELL THE
CREDIT CARD COMPANIES WHAT IS
SUSPICIOUS ACTIVITY WHICH IS
GIVE YOU SOME EXAMPLES WE ALSO
DON'T TELL LAW ENFORCEMENT
THAT'S THEIR JOB. THE NUTCRACKER
COMPANIES HAVE THEIR JOB- THIS
BILL IS VERY SIMPLE THANK GOD
NOW THAT THERE'S A CODE FOR
THESE TYPES OF TRANSACTIONS
ASKING THE CREDIT CARD COMPANIES
TO USE THAT TO. THANK YOU THERE
IS ONE VERY QUICKLY TO YOUR
QUESTION I JUST ONE SECOND THE A
THINK THAT WE HAVE OTHER MEMBERS
AND I'M NOT SURE. THERE WAS A-
DESIRE TO RESPONSIVE AT.
CINCINNATI SINCE MY EXAMPLE WAS
BROUGHT UP I WOULD JUST POINT
OUT ADDED THAT THERE BEEN A FEW
COMMENTS MADE INCLUDING FOR THE
DAYS THAT THAT OF THESE PEOPLE
WOULDN'T BUY THEM ALL I THINK
MOST PEOPLE CONSUMERS ACTUALLY
ARE AWARE OF THE SPECIFICITY OF
MERCHANT CODES. JUST I DON'T
REALLY PAY A LOT OF ATTENTION
BECAUSE I USE I THINK THAT MANY
MASS SHOOTERS ARE NOT TYPICALLY
MOST THE SKATED CONSUMERS. I
ALSO POINT OUT IT'S NOT
PARTICULARLY EASY TO TAKE OUT
THOUSANDS OF DOLLARS IN CREDIT
AT A MOMENT'S NOTICE- IN IF YOU
ARE USING YOUR CREDIT CARDS
MAXING OUT CREDIT CARDS TO BUY A
BUNCH OF GUNS. YOU KNOW BRING
AGO BANK ARE UNIT RESTRUCTURING
BANK ACCOUNT PERHAPS THEIR
CREDIT CARDS MAKE IT EASIER- I
BELIEVE THIS BILL I DIDN'T SAY
BY THE WAY WOULD HAVE DEFINITELY
PREVENTED. A MASH UNIT SAID IT
VERY LIKELY COULD HAVE PREVENTED
A MASS SHOOTING- I THINK THAT IT
WOULD VERY LIKELY COULD IF
PASSED. PREVENT FUTURE MASS
SHOOTINGS- BECAUSE AGAIN. WE
KNOW THE CREDIT CARDS ARE PART
OF OUR CONSUMER LANDSCAPE TODAY.
I WE USE CREDIT CARDS TO
PURCHASE JUST ABOUT EVERYTHING-
IF YOU PURCHASE DINNER NIGHT I'M
GONNA GUESS IS WITH THE CREDIT
CARD RIGHT. AND I YOU KNOW
YOU'RE PROBABLY NOT THINKING
ABOUT THE MERGING CODE THERE AND
UNFORTUNATELY THEY'RE BAD PEOPLE
OUT THERE THAT USE CREDIT CARDS
FOR BAD THINGS. AND THIS BILL
WOULD SIMPLY ADD A CODE. TO THAT
AND I SO THAT IS WHY RESPECT
AGAIN ASKED FOR A SUPPORT BOAT I
THINK THAT THE- IF THIS SAVES.
ONE PREVENTS ONE MASS SHOOTING
FROM HAPPENING. AND I THINK
IT'LL PROVIDE A LOT MORE THAN
THAT I THINK THIS BILL IS WORTH
DOING. THANK YOU MA'AM ANY
OTHER. OR THANK YOU ASSEMBLY
MEMBER TANG FOR BRINGING THIS
FORWARD I AM FAMILIAR WITH THESE
CODES. ASSEMBLY BECAUSE ONE OF
MY CREDIT CARDS ANNUALLY GIVES
ME A SYNOPSIS OF HOW I SPENT- A
MONEY IN THE YEAR. AND SO THESE
CODES HAVE BEEN USED FOR QUITE A
NUMBER- ITEMS- SOMETIMES I DON'T
THINK THEY'RE ALWAYS SO ACCURATE
WHEN THEY SAY THEY DID IT IN
RETAIL IN SOME SPACE I'M LIKE
WELL IT DOESN'T REALLY COUNT
THAT WAS A NEEDED THING- THE
MORE. BUT I THINK THAT THIS IS
REALLY ALSO SUBSTANTIVE BECAUSE
THESE CODES- ARE PART OF A
PROCESS. AND IN RECENT HISTORY
I'VE ACTUALLY NOT HEARD OF THESE
CODES BEING CONTROVERSIAL UNTIL.
THIS CODE- CAME ABOUT THIS WAS A
WAY. FOR OUR CREDIT CARD
COMPANIES TO UNDERSTAND WHAT THE
SPENDING TRENDS- OUR- OF EVERY
CONSUMER IT IS A SAFETY MEASURE
AS WELL- TO ALSO UNDERSTAND. YOU
KNOW WHETHER IT CONSUMER ALL OF
A SUDDEN HAS SOMETHING THAT
LOOKS A LITTLE BIT ODD- AND-
THEY DETERMINE IT SOMETIMES
IT'S- TECHNOLOGY BUYS RIGHT LIKE
AT BEST BUY OR SOMETHING RIGHT
THAT'S COATED DIFFERENTLY AND
THAT DOESN'T COME UP AND YOU
CERTAINLY DON'T SEE SOMETHING.
IN THE TENS OF THOUSANDS SO I
JUST WANTED. YOU KNOW RECOGNIZE
THAT IT'S NOT BEEN UNTIL THIS
CODE THAT I'VE HEARD AT LEAST IN
RECENT. HISTORY THAT I'VE HEARD
SO MUCH CONTROVERSY ABOUT IT.
AND SO IT WAS WE AS A STATE ARE
ACTUALLY NOT- THE ONES THAT ARE
DETERMINING THAT DESIRE TO HAVE
A CODE- THIS WAS. AN
ORGANIZATION ENTITY WITH A
NATIONAL STANDARD. AND WE AS A
STATE TO THIS BILL WOULD ALLOW
US TO USE THE CODE- BUT AGAIN WE
DID NOT MAKE THE DETERMINATION
TO CREATE THIS CODE THAT WAS
MADE- BY A GROUP OF
PROFESSIONALS THAT LOOK AT THIS
SPACE AND CREATE CODES. IN MANY
DIFFERENT AREAS- SO YOU KNOW I
THINK THAT THIS IS A NEAT
NEEDLESS TO SAY THAT THERE IS A
LOT OF THOUGHTS- AND DISCUSSION
RELATED TO THIS PARTICULAR CODE
ANYTHING TODAY'S. HEARING IS
PROBABLY AN EXAMPLE OF THE TYPE
OF CONVERSATION THAT'S
HAPPENING- A ROSS STATE AND NOW.
AROUND THIS- BUT I DO JUST WANT
TO RECOGNIZE THAT FROM THE LENS
OF BANKING AND FINANCE THESE
CODES ARE NOT NEW. THERE ARE
ONES THAT ARE CREATED ON A
REGULAR BASIS AND ARE USED. TO
DETERMINE REALLY THAT CONSUMERS
HISTORY. AND A TRACK THE WAY
THAT WE SPEND WHICH IS BEING
DONE INDEPENDENT OF THIS. SO
WITH FACTS AND WE DO HAVE A
MOTION BY SENATOR MAN AND I AM
GOING TO ALLOW YOU TO. CLOSE I
THINK THERE WAS OF GREAT CLOSE
ORTEGA'S MICHAEL'S. PERSPECTIVE
I'VE BEEN ON A. B. FIFTEEN IS
UP. THANK YOU ASSEMBLY MEMBER
TANG- WE HAVE A MOTION BY.
SENATOR MAN AND THIS AT THE
MOTION IS DUE PASSED THE FIRST
AMEND AND RE REFER TO THE
COMMITTEE ON JUDICIARY. SORRY
NOT AMEND. AND RE REFER TO THE
COMMISSION IT COMMIT COMMITTEE
ON JUDICIARY- IF YOU COULD
PLEASE CALL THE ROLL. AB FIFTEEN
EIGHTY SEVEN MOTION IS DUE
PASSED THAT FIRST BE REFERRED TO
THE COMMITTEE ON JUDICIARY.
SENATOR LIMÓN AYE LIMÓN AYE LOW
NO. THE LOW NO BRADFORD.
BRADFORD AYE GUERRERO. AYE MAN.
MEN I KNEW IN. WITH NO
PORTANTINO. ALL RIGHT THE BILL
HAS FOUR VOTES WILL LEAVE THE
ROLE OPEN THANK YOU VERY MUCH.
AND NOW WE WILL ASK IN THE
ABSENT MEMBERS ADD TO. COME OVER
TO THE COMMITTEE BUT WE ARE
GOING TO GO AHEAD AND OPEN THE
ROLE FOR. A FILE ITEM ONE A. B.
THIRTY NINE GRAYSON. AB THIRTY
NINE. CENTER LIMÓN VOTING I.
NEED LOW. WHAT YOU THINK. OF
THIRTY NINE. BRADFORD PARK
BRADFORD I KNOW WHEN.
PORTANTINO ALL RIGHT THANK YOU
THAT HAS FOUR VOTES. ALRIGHT.
ALL RIGHT. SO WE'RE GONNA GO
AHEAD AND TAKE A RECESS JUST
WHILE WE WAIT FOR THE ABSENT
MEMBER.
ALL RIGHT WE'RE GONNA GO AHEAD
AND- CALL THE ABSENT MEMBERS FOR
A FILE ITEM ONE EIGHTY THIRTY
NINE GRAYSON. SENATOR WHEN I
PORTANTINO. THANK ALL RIGHT THE
BILL HAS- FIVE VOTES WILL GO
HEAD AND- BUT THAT BILL BACK ON
CALL AND GO AHEAD IN RHESUS ONE
MORE TIME.
REACH RECONVENE AND WE'RE GONNA
GO AHEAD AND LIFT THE CALL FOR
AB THIRTY NINE GRAYSON. AB
THIRTY NINE IS DUE PASSED BUT
FIRST BE REFERRED TO THE
COMMITTEE ON JUDICIARY CENTER
ALONE VOTING I PORTANTINO
PORTANTINO AYE SIX ALL RIGHT SO
AB THIRTY NINE HAS SIX VOTES IT
MOVES FORWARD THE NEXT BILL IS
AB FIFTEEN EIGHTY SEVEN TANG AB
FIFTEEN EIGHTY SEVEN DO PASSED
BUT FIRST BE REFERRED TO THE
COMMITTEE ON JUDICIARY CENTER
LIMÓN VOTING HI. PORTANTINO
PORTANTINO I. OUR RATE IS SO AB
FIFTEEN EIGHTY SEVEN HAS FIVE
VOTES IN SUPPORT AND TO AN
OPPOSITION THAT DOES MOVE
FORWARD TO JUDICIAL COMMITTEE
WITH THAT WE WILL GO AHEAD AND-
ADJOURN OUR COMMITTEE ON BANKING
AND FINANCE.