The proposed bill amends New Jersey's firearms laws to establish that firearms purchaser identification cards will be valid for four years and requires applicants to complete a training course on the lawful and safe handling and storage of firearms prior to obtaining these cards or handgun purchase permits. Specifically, it mandates that applicants demonstrate completion of an approved course within four years before applying for a permit or card, while exempting individuals who obtained permits or cards before the bill's effective date from this training requirement. The bill also revises the expiration and renewal procedures for firearms purchaser identification cards, specifying that they will expire on the holder's birthday in the fourth calendar year following issuance and outlining the renewal process contingent on the absence of disqualifying conditions.

Additionally, the bill introduces new regulations regarding the transfer of firearms to heirs or legatees, requiring them to possess a valid permit or firearms purchaser identification card before taking possession of any firearm. If the estate's administrator or executor does not hold a valid card, they must surrender the firearm to local law enforcement within 30 days, and the firearm will remain in custody until the heir or legatee obtains the necessary permit. If they fail to do so, they must sell the firearm to a licensed dealer. The bill allows heirs or legatees with valid permits to take possession directly from the estate's administrator or executor, provided they file a signed certification with the appropriate authorities.