Bill > SB17

This bill, titled the "Stop Illegal Gun Trade and Extremely Dangerous Weapons Act," aims to enhance firearm safety and regulate the gun trade by imposing new requirements on licensed firearm dealers (referred to as "dealers"). Key provisions include mandating dealers to implement enhanced security measures like alarm systems and video surveillance to prevent theft, establishing a minimum age of 21 for employees who handle firearms, and requiring background checks and specific training for these employees on recognizing and reporting illegal activities such as straw purchases (buying a gun for someone else). The bill also mandates that dealers maintain detailed records of all firearm transactions, report thefts and losses promptly, and cooperate with law enforcement trace requests. Furthermore, it prohibits the sale of certain "extremely dangerous weapons," including detachable magazines holding more than ten rounds, .50 caliber rifles and cartridges, and specific types of gas-operated semi-automatic firearms, with exceptions for antique firearms and certain other types of firearms. Dealers will also be required to post prominent signs informing purchasers about safe storage, background check requirements, and the illegality of straw purchases, and face penalties for violations, including civil fines and potential misdemeanor charges for falsifying compliance reports.

Business and Industry

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=17&year=26