This bill mandates that State and local law enforcement agencies report specific data regarding applications for permits to carry handguns and firearm purchaser identification cards to the Attorney General. The required data includes the date of application submission, the county and municipality of submission, the applicant's year of birth, race, ethnicity, and gender identity, the approval or denial status of the application, the date of that decision, and the reason for any denial. The Attorney General is tasked with compiling this data, which must be submitted monthly, and issuing an initial report covering data from June 23, 2022, to the first day of the second month following the bill's effective date, along with monthly reports thereafter.

The bill also emphasizes the importance of addressing potential disparities in firearm licensing outcomes, particularly concerning suspect classes, as highlighted by recent studies. It reflects the findings of various Supreme Court cases that shape the legal landscape surrounding firearm regulations and the equal protection clause of the Fourteenth Amendment. The Attorney General's reports will be made publicly available on their website, ensuring transparency and accountability in the licensing process.