Summary — S 3468
Title: Requires firearm dealers to provide a disclosure about reporting lost/stolen firearms and prohibits purchase with intent to unlawfully sell
Status & Timeline
- Introduced: June 20, 2024
- Reported by Senate Law & Public Safety Committee with amendments: October 21, 2024
- Referred to Investigations and Government Operations: January 27, 2025
- Effective date (if enacted): first day of the third month following enactment
Principal purpose
- To require firearm wholesale and retail dealers to give purchasers/transferees a written disclosure (and to post it at sales counters) informing customers (1) of their legal duty to report a lost or stolen firearm within 36 hours, and (2) that it is illegal to purchase a firearm with the intent to unlawfully sell it to another person.
Key provisions
- Written disclosure at time of retail sale/transfer:
- Dealers must deliver a written disclosure to the purchaser/transferee that the purchaser must sign and receive a copy of.
- Required disclosure text (in block letters at least 1/4" high):
- "IN ACCORDANCE WITH THE LAW, IF YOUR FIREARM IS LOST OR STOLEN, YOU ARE REQUIRED TO REPORT THIS WITHIN 36 HOURS TO THE CHIEF LAW ENFORCEMENT OFFICER OF THE MUNICIPALITY WHERE THE LOSS OR THEFT OCCURRED OR IF YOUR MUNICIPALITY DOES NOT HAVE A LOCAL POLICE FORCE, YOU MUST REPORT THE LOST OR STOLEN FIREARM TO THE SUPERINTENDENT OF STATE POLICE. PLEASE BE AWARE THAT IT IS ILLEGAL TO PURCHASE A FIREARM WITH THE INTENT TO UNLAWFULLY SELL IT TO ANY OTHER PERSON."
- Posting requirement:
- Dealers must conspicuously post the same disclosure at each purchase counter printed in block letters at least 1" high.
- Recordkeeping:
- Dealers must collect and retain a copy of each signed disclosure for at least 15 years.
- Penalties and enforcement:
- Civil penalty up to $500 for a first offense; up to $1,000 for subsequent offenses.
- Penalties are collected under the Penalty Enforcement Law (summary proceedings in municipal court).
- Authorized officials or law enforcement may issue summonses. Collected penalties are forwarded to the Office of the Attorney General for gun violence prevention efforts.
- Rulemaking:
- Superintendent of State Police may promulgate rules to implement the section.
Who is affected
- Directly: firearm wholesale and retail dealers and their employees, firearm purchasers/transferees.
- Indirectly: municipal law enforcement, the Superintendent of State Police (for reporting and potential rulemaking), municipal courts (for penalty enforcement), and the Office of the Attorney General (recipient of penalties for program use).
Notable amendment
- Committee amendments clarified the disclosure language to state it is illegal to purchase a firearm “with the intent to unlawfully sell it to any other person” (replacing earlier language referring to selling to a person lacking a license/permit).