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Bill > HB1126


CO HB1126

CO HB1126
Requirements for Firearms Dealers


summary

Introduced
02/04/2026
In Committee
04/07/2026
Crossed Over
03/25/2026
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

Under existing law, a firearms dealer (dealer) must obtain a state permit in order to engage in the business of dealing in firearms. The bill clarifies that a state permit is required for a dealer to transfer firearms. Under existing law, in order to be issued a state permit, a dealer must not have had a firearms dealer license or permit or a firearm possession permit revoked, suspended, or denied for good cause within years before submitting a state permit application (prior license requirement) and must not have violated any state or federal law concerning the possession, purchase, or sale of firearms in the 3 years before applying for the state permit (prior violation requirement). The bill clarifies that the prior license and prior violation requirements apply to an individual possessing, directly or indirectly, the power to direct or cause the direction of the management and policies of the dealer, known as a "responsible person" of the dealer. The bill makes the dealer training requirements apply to responsible persons. The bill makes provisions related to a dealer's employees who handle firearms also apply to any individual, including an independent contractor, who performs an employee's duties, whether paid or unpaid. The bill permits the department of revenue (department) to fine a dealer up to $100,000 for a second or subsequent violation of certain dealer requirements. Under existing state law, dealers are subject to record-keeping requirements involving pistols and revolvers sold, rented, or exchanged at retail. The bill makes the record-keeping requirements apply to all retail transactions involving any firearm other than destructive devices and clarifies that dealers may keep the records electronically. The bill requires a dealer to secure large-capacity magazines in the dealer's possession. A dealer's place of business must have security features designed to prevent unauthorized entry installed on each exterior door and window of the place of business, have interior lighting that is sufficient to identify characteristics of a person on surveillance video, and be equipped with a security alarm system that includes video surveillance of each door and any area of the business in which firearms are kept. The bill requires a dealer to report the theft or loss of a firearm to the department.

AI Summary

This bill requires firearms dealers to obtain a state permit to transfer firearms, and expands the definition of "employee" to include independent contractors performing similar duties, clarifying that both dealers and "responsible persons" (individuals with the power to direct a dealer's management and policies) must meet prior license and violation requirements and undergo dealer training. It also mandates that dealers secure large-capacity magazines, implement enhanced security measures at their places of business including interior lighting and surveillance systems, and report any firearm theft or loss to the department of revenue, which can now impose fines of up to $100,000 for second or subsequent violations. Furthermore, the bill broadens record-keeping requirements to cover all firearm transactions except for destructive devices, allows for electronic record-keeping, and requires dealers to report theft or loss of firearms within 48 hours of discovery.

Committee Categories

Military Affairs and Security

Sponsors (34)

Last Action

Senate Third Reading Calendar (07:30:00 4/14/2026 Senate Floor) (on 04/14/2026)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://leg.colorado.gov/bills/HB26-1126
BillText https://leg.colorado.gov/bill_files/114554/download
BillText https://leg.colorado.gov/bill_files/114493/download
Second Reading Amendment L.067 https://leg.colorado.gov/bill_amendments/19161/download
Second Reading Amendment L.068 https://leg.colorado.gov/bill_amendments/19160/download
Second Reading Amendment L.066 https://leg.colorado.gov/bill_amendments/19159/download
Second Reading Amendment L.062 https://leg.colorado.gov/bill_amendments/19158/download
Second Reading Amendment L.061 https://leg.colorado.gov/bill_amendments/19157/download
Second Reading Amendment L.059 https://leg.colorado.gov/bill_amendments/19147/download
Second Reading Amendment L.058 https://leg.colorado.gov/bill_amendments/19145/download
Fiscal Note Second Revised Fiscal Note https://leg.colorado.gov/bill_files/113953/download
BillText https://leg.colorado.gov/bill_files/113545/download
BillText https://leg.colorado.gov/bill_files/113492/download
Second Reading Amendment L.017 https://leg.colorado.gov/bill_amendments/18605/download
Second Reading Amendment L.052 https://leg.colorado.gov/bill_amendments/18603/download
Second Reading Amendment L.055 https://leg.colorado.gov/bill_amendments/18604/download
Second Reading Amendment L.036 https://leg.colorado.gov/bill_amendments/18601/download
Second Reading Amendment L.015 https://leg.colorado.gov/bill_amendments/18602/download
Second Reading Amendment L.043 https://leg.colorado.gov/bill_amendments/18600/download
Second Reading Amendment L.012 https://leg.colorado.gov/bill_amendments/18599/download
Second Reading Amendment L.019 https://leg.colorado.gov/bill_amendments/18598/download
Second Reading Amendment L.053 https://leg.colorado.gov/bill_amendments/18597/download
Second Reading Amendment L.008 https://leg.colorado.gov/bill_amendments/18595/download
Second Reading Amendment L.037 https://leg.colorado.gov/bill_amendments/18596/download
Second Reading Amendment L.021 https://leg.colorado.gov/bill_amendments/18594/download
Second Reading Amendment L.034 https://leg.colorado.gov/bill_amendments/18592/download
Second Reading Amendment L.006 https://leg.colorado.gov/bill_amendments/18593/download
Second Reading Amendment L.007 https://leg.colorado.gov/bill_amendments/18591/download
Second Reading Amendment L.005 https://leg.colorado.gov/bill_amendments/18590/download
Second Reading Amendment L.004 https://leg.colorado.gov/bill_amendments/18588/download
Second Reading Amendment L.028 https://leg.colorado.gov/bill_amendments/18589/download
Second Reading Amendment L.016 https://leg.colorado.gov/bill_amendments/18587/download
Second Reading Amendment L.042 https://leg.colorado.gov/bill_amendments/18586/download
Second Reading Amendment L.048 https://leg.colorado.gov/bill_amendments/18585/download
Second Reading Amendment L.050 https://leg.colorado.gov/bill_amendments/18584/download
Second Reading Amendment L.027 https://leg.colorado.gov/bill_amendments/18583/download
Second Reading Amendment L.023 https://leg.colorado.gov/bill_amendments/18582/download
Fiscal Note FN2 https://leg.colorado.gov/bill_files/112845/download
Fiscal Note MEMO1 https://leg.colorado.gov/bill_files/112791/download
House State, Civic, Military, & Veterans Affairs Amendment L.003 https://leg.colorado.gov/bill_amendments/18180/download
House State, Civic, Military, & Veterans Affairs Amendment L.002 https://leg.colorado.gov/bill_amendments/18181/download
House State, Civic, Military, & Veterans Affairs Amendment L.001 https://leg.colorado.gov/bill_amendments/18179/download
Fiscal Note FN1 https://leg.colorado.gov/bill_files/112530/download
BillText https://leg.colorado.gov/bill_files/111288/download
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