Bill > SB209

This bill introduces a comprehensive new requirement for firearm liability insurance in Pennsylvania, mandating that firearm owners obtain and maintain insurance coverage of at least $1,000,000 to possess, use, sell, transfer, or be issued a firearm license. Under the proposed legislation, individuals must provide proof of insurance when applying for a license, purchasing a firearm, and must carry an insurance identification certificate alongside their firearm and license at all times. If a law enforcement officer demands to see the insurance certificate and the owner cannot provide it, the firearm will be confiscated, and the owner's license to carry will be immediately revoked. The bill establishes escalating penalties for non-compliance, starting with a $1,000 fine for the first offense and potentially rising to a misdemeanor of the second degree with a minimum $15,000 fine for subsequent offenses. The insurance policy must cover potential injury or property damage arising from firearm use, cannot cover unlawful acts, and requires notification to state authorities about policy details and any changes. The new requirements would take effect 180 days after the bill's passage, giving firearm owners time to secure the required insurance coverage. This legislation aims to increase accountability and financial responsibility among firearm owners by ensuring they can cover potential damages resulting from firearm use.