Senate Bill 2954, also known as House Bill 1589, amends Tennessee law regarding the regulation of detachable firearm ammunition magazines. The bill introduces a new section to Tennessee Code Annotated, Title 39, Chapter 17, Part 13, which prohibits the manufacture, transfer, or purchase of ammunition magazines that can hold more than ten rounds of ammunition. Violations of this provision are subject to a civil penalty of up to $5,000, and any magazines manufactured, transferred, or purchased in violation of this law will be subject to forfeiture under Title 40, Chapter 33, Part 2.

Additionally, the bill includes a provision that allows individuals who lawfully obtained such magazines before July 1, 2023, to retain possession of them without penalty. The act is set to take effect on July 1, 2023, emphasizing the urgency of the public welfare in implementing these regulations.