The bill amends Michigan's firearm regulations, particularly focusing on the licensing requirements for purchasing and possessing firearms. It removes the previous requirement for individuals to obtain a license for carrying, possessing, or transporting a pistol, now concentrating on the purchase of firearms. The bill mandates that individuals who inherit firearms must obtain a license within 30 days of possession and outlines seller responsibilities for documenting transactions. New provisions are introduced regarding applicant qualifications, including mental health considerations and age requirements, while certain individuals, such as licensed dealers and police officers, are exempt from needing a license to purchase firearms.

Additionally, the bill establishes a federal national instant criminal background check for individuals purchasing firearms, excluding pistols, and requires sellers to maintain triplicate records of transactions. It outlines the application process for concealed pistol licenses, including necessary documentation and fees, and mandates thorough background checks, including fingerprinting. The bill also modifies restrictions on where concealed firearms can be carried, allowing parents to carry firearms in vehicles on school property during drop-off and pick-up. It introduces penalties for violations and clarifies the responsibilities of firearm sellers, including providing safety warnings and mechanisms to prevent unauthorized use. Overall, the amendments aim to streamline the licensing process while enhancing public safety measures.