Bill Summary – FastDemocracy

House File 2421 - Enrolled
                                                      House File 2421
                                  AN ACT
     RELATING TO FIREARMS BY LIMITING CIVIL LIABILITY OF FEDERAL
        FIREARMS LICENSEES WHO ENTER INTO VOLUNTARY FIREARM HOLD
        AGREEMENTS WITH INDIVIDUALS.
 4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
 1      Section 1. Section 683.1, Code 2024, is amended by adding
 2   the following new subsections:
 3      NEW SUBSECTION. 1A. “Federal firearms licensee” means any
 4   person engaged in the business of importing, manufacturing, or
 5   dealing in firearms as defined by the federal National Firearms
 6   Act, 26 U.S.C. §5841, and who currently holds a valid license
 7   according to provisions of the federal Gun Control Act of 1968,
 8   18 U.S.C. §921.
 9      NEW SUBSECTION. 1B. “Firearm hold agreement” means a
10   private transaction between a federal firearms licensee and an
11   individual owner where the licensee takes possession of the
12   owner’s lawfully possessed firearm at the owner’s request,
13   holds the firearm for an agreed period of time, and returns the
14   firearm according to the terms of the transaction.
15      Sec. 2. NEW SECTION. 683.4 Firearm hold agreements ——
16   liability.
17      1. A person shall not have a cause of action against a
18   federal firearms licensee operating lawfully in the state for
19   any act or omission arising from or subsequent to a firearm
20   hold agreement and resulting in personal injury or death of
21   any natural person, including the return of a firearm to the
                                                House File 2421, p. 2
22   individual firearm owner by a federal firearms licensee at the
23   termination of a firearm hold agreement.
24      2. Subsection 1 shall not apply to any action arising from
25   a firearm hold agreement if such action was the result of
26   otherwise unlawful conduct on the part of the federal firearms
27   licensee.
     ______________________________     ______________________________
     PAT GRASSLEY                       AMY SINCLAIR
     Speaker of the House               President of the Senate
        I hereby certify that this bill originated in the House and
     is known as House File 2421, Ninetieth General Assembly.
                                        ______________________________
                                        MEGHAN NELSON
                                        Chief Clerk of the House
     Approved _______________, 2024     ______________________________
                                        KIM REYNOLDS
                                        Governor
Statutes affected: 
Introduced: 683.1
Enrolled: 683.1