Bill > S1294

This bill seeks to modernize and strengthen federal regulations surrounding firearms dealers, with comprehensive changes to licensing, record-keeping, security, and enforcement. The legislation introduces several key provisions, including requiring firearms dealers to submit detailed security plans, conduct quarterly inventory checks, and maintain electronic records of firearm transactions. It establishes a new category of "facilitators" for online marketplaces that host firearm sales and mandates that all such sales go through licensed dealers who must conduct background checks. The bill increases licensing fees, imposes stricter penalties for violations, and requires dealers to perform background checks on their own employees. Additionally, it removes previous limitations on tracking firearms trace data and requires the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) to create searchable electronic databases of firearm transactions. The bill also allows for the hiring of 650 additional industry operation investigators and mandates annual reports to Congress on dealer inspections and compliance. The overall goal is to create more robust oversight of firearms sales, improve tracking of firearms, and reduce the potential for illegal gun transfers.

Justice

https://www.congress.gov/bill/119th-congress/senate-bill/1294/all-info