Bill > HB114

This bill, the Firearm Industry Accountability Act, aims to hold the firearm industry accountable by prohibiting false advertising, unconscionable, deceptive or unfair trade practices, and actions that could negatively impact public health, safety, or welfare. It defines key terms like "false advertising," "firearm industry member," and "unconscionable trade practices." The bill requires firearm industry members to establish reasonable controls and procedures to prevent the loss, theft, or unlawful sale of firearms. It empowers the state Attorney General and district attorneys to bring civil actions and seek penalties for violations, and it also allows private parties to seek equitable relief and damages. The bill provides for attorney's fees and costs to be awarded to the prevailing party.

Business and Industry

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=114&year=24