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 provision, 11-47-3.1, which makes it illegal to carry a stolen firearm while committing a crime of violence. The penalties for such offenses are significantly increased: for a first conviction, the imprisonment term is raised from five years to ten years, with a minimum of five years served without the possibility of parole or probation. For a second conviction, the imprisonment term is increased to a minimum of 25 years, and for a third or subsequent conviction, the minimum term is also 25 years, with the possibility of life imprisonment, and a mandatory minimum of fifteen years without eligibility for parole or probation.

Additionally, the bill introduces section 11-47-5.2, which criminalizes the possession of a stolen firearm, increasing the minimum sentence from three years to five years and the maximum from fifteen years to twenty years. First-time offenders must serve at least three years without eligibility for parole or probation, while individuals convicted of a second or subsequent offense must serve at least ten years without eligibility for parole or probation. The act will take effect upon passage.