The bill amends sections of the General Laws in Chapter 11-47, titled "Weapons," to impose stricter penalties for individuals who carry or possess stolen firearms. It establishes a new section, 11-47-3.1, which makes it illegal to commit a crime of violence while armed with a stolen firearm. The penalties for such offenses are significantly increased: first-time offenders face a minimum of ten years in prison (up from five), second-time offenders face a minimum of twenty-five years (up from twenty), and third or subsequent offenders may face a minimum of twenty-five years with the possibility of life imprisonment. Importantly, these sentences must be served without eligibility for parole or probation for specified minimum periods: five years for first-time offenders, ten years for second-time offenders, and fifteen years for third or subsequent offenders.

Additionally, the bill introduces section 11-47-5.2, which criminalizes the possession of a stolen firearm. Penalties for first-time offenders are set at a minimum of five years (up from three), and for repeat offenders, a minimum of ten years without eligibility for parole or probation. Overall, the legislation aims to enhance the consequences for individuals involved with stolen firearms, particularly in the context of violent crimes. The act is set to take effect upon passage.