Bill > S468

This bill, known as the SECURE Firearm Storage Act, aims to enhance security requirements for federally licensed firearms importers, manufacturers, and dealers. The bill mandates specific storage protocols for firearms and business records when premises are closed, including securing firearms with a hardened steel rod and lock, storing them in locked fireproof safes or vaults, and keeping paper records in secure locations. Licensed dealers must implement these security measures, with potential penalties for non-compliance ranging from civil fines ($1,000-$10,000) to license suspension and revocation for repeated violations. The Attorney General is granted additional authority to prescribe extra security requirements such as alarm systems, security cameras, and electronic record protection. Applicants for firearms licenses must now include a detailed description of how they plan to comply with these new security standards, and the implementation of these requirements will be staggered, with firearm storage rules taking effect one year after enactment and paper record storage rules taking effect 90 days after enactment. The goal of the legislation is to reduce the risk of firearm theft and improve overall security in firearms businesses.

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https://www.congress.gov/bill/119th-congress/senate-bill/468/all-info