Digest: The Act creates a state gun dealer licensing program administered by the DOJ. The Act takes effect when the Governor signs it. (Flesch Readability Score: 72.6). [Digest: The Act tells the DOJ to study a state gun dealer licensing program. (Flesch Readability Score: 76.5).] [Directs the Department of Justice to study the establishment of a state gun dealer licensing program, and to provide the results of the study to the appropriate interim committees of the Legislative Assembly no later than December 31, 2026.] [Sunsets on January 2, 2027.] Establishes a state gun dealer licensing program. Requires a license for dealers selling firearms, frames, receivers and unfinished frames and receivers beginning January 1, 2027, or October 15, 2027, for certain federal firearms licensees. Authorizes the Department of Justice to establish licensing fees. Specifies eligibility criteria for obtaining the license. Directs the department to conduct licensee inspections. Specifies circumstances that result in license suspension or revocation or the imposition of a civil penalty. Directs the department to adopt rules concerning licensee employee training, the storage of firearms and ammunition by licensees and other security requirements. Requires licensee employee background checks and specifies requirements for recordkeeping. Punishes the selling of a firearm by a dealer without a license by a maximum of five years' imprisonment, $125,000 fine, or both. Directs the department to submit an annual report on the licensing program to the Legislative Assembly. Establishes the Firearm Dealer License Fund. Requires a transferor at a gun show to hold a state license. Declares an emergency, effective on passage.

Statutes affected:
A-Engrossed: 166.433, 166.436, 166.438, 166.441