Assembly Bill 954 introduces new requirements for firearm owners in Wisconsin regarding the reporting of lost or stolen firearms. Under the bill, individuals must report the theft or loss to a law enforcement agency within 24 hours of discovery. Failure to comply will result in a Class A misdemeanor for a first offense and a Class I felony for subsequent offenses. Additionally, the bill establishes penalties for those who falsely report a stolen firearm, classifying it as obstructing an officer, which carries a fine of up to $10,000 or imprisonment for up to nine months. The bill also mandates that sellers or transferors of firearms provide written notice to purchasers about the reporting requirements and associated penalties.

The bill amends existing statutes and creates new provisions, including the establishment of a database for stolen or lost firearms that law enforcement agencies can access. Specifically, it amends sections 165.83 and 175.37, with the latter's title changing from "Warning" to "Requirements whenever transferring a firearm." It also introduces a new section, 175.36, detailing the reporting process for lost or stolen firearms and the responsibilities of law enforcement agencies in managing these reports. Violations of the new reporting requirements by sellers or transferors can result in fines or imprisonment. The bill aims to enhance accountability and tracking of firearms in the state.

Statutes affected:
Bill Text: 165.83(2)(d), 165.83, 175.37(title), 175.37, 175.37(2)