The bill, designated as SB116, aims to prohibit individuals from possessing any part or combination of parts that are designed or intended to convert a pistol into a machine gun. It defines a "machine gun" as any weapon that can automatically fire more than one shot without manual reloading by a single trigger function, including the frame or receiver of such a weapon and any parts intended for conversion. Under this legislation, individuals found in possession of these prohibited parts would be charged with a Class C felony.

The bill includes specific exemptions, allowing state or local law enforcement officers acting in their official capacity, individuals possessing registered firearms or parts not subject to registration, and those with devices that increase a pistol's rate of fire without enabling it to fire more than two shots without reloading. Additionally, the bill states that it will take effect immediately upon passage and is exempt from certain local funding requirements due to its nature of defining or amending a crime.