The bill amends existing laws regarding the carrying and possession of stolen firearms, specifically in the context of committing a crime of violence. It establishes that no person shall commit a crime of violence while armed with a stolen firearm, with penalties for violations increasing significantly. For a first conviction, the imprisonment term is raised from a minimum of five years to ten years, with a maximum of twenty years, and offenders must serve at least five years without the possibility of parole or probation. Subsequent convictions carry even harsher penalties, with a second conviction resulting in a minimum of ten years and a maximum of twenty-five years, and a third conviction leading to a minimum of twenty-five years, potentially up to life imprisonment, with a mandatory minimum of fifteen years served without parole or probation.

Additionally, the bill makes it unlawful to possess a stolen firearm, with penalties for this offense also increased. The minimum sentence for possession is raised from three years to five years, with a maximum of twenty years. First-time offenders must serve at least three years without eligibility for parole or probation, while those with prior convictions must serve a minimum of ten years without parole or probation. Overall, the bill aims to strengthen penalties for firearm-related offenses, particularly those involving stolen firearms, and emphasizes the importance of serving time without the possibility of early release.