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A bill to amend title 18, United States Code, to require federally licensed firearms importers, manufacturers, and dealers to meet certain requirements with respect to securing their firearms inventory, business records, and business premises.

2/7/2025, 5:31 PM

Summary of Bill S 468

Bill 119 s 468, also known as the Firearms Dealer Security Act, aims to amend title 18 of the United States Code to impose new requirements on federally licensed firearms importers, manufacturers, and dealers. The bill mandates that these entities must meet specific criteria in order to ensure the security of their firearms inventory, business records, and business premises.

The proposed legislation seeks to address concerns regarding the potential for theft or misuse of firearms by imposing stricter regulations on those who are licensed to deal in firearms. By requiring these individuals and businesses to adhere to certain security measures, such as securing their inventory and maintaining accurate records, the bill aims to reduce the likelihood of firearms falling into the wrong hands.

If passed, the Firearms Dealer Security Act would represent a significant step towards enhancing the safety and accountability of firearms dealers in the United States. Proponents of the bill argue that these measures are necessary to prevent the illegal trafficking of firearms and to ensure that those who are licensed to deal in firearms are held to a higher standard of responsibility. Overall, Bill 119 s 468 represents a bipartisan effort to address concerns surrounding the security of firearms inventory and business premises. By imposing new requirements on federally licensed firearms importers, manufacturers, and dealers, the bill aims to promote greater accountability and safety within the firearms industry.

Congressional Summary of S 468

Safety Enhancements for Communities Using Reasonable and Effective Firearm Storage Act or the SECURE Firearm Storage Act

This bill establishes security requirements for the business premises of a licensed firearms importer, manufacturer, or dealer.

Specifically, when the premises are closed for business, an importer, manufacturer, or dealer must secure the firearms inventory and securely store paper business records.

A violator is subject to penalties—a civil fine, suspension or revocation of a license, or both a civil fine and suspension or revocation of a license.

Current Status of Bill S 468

Bill S 468 is currently in the status of Bill Introduced since February 6, 2025. Bill S 468 was introduced during Congress 119 and was introduced to the Senate on February 6, 2025.  Bill S 468's most recent activity was Read twice and referred to the Committee on the Judiciary. (text: CR S795) as of February 6, 2025

Bipartisan Support of Bill S 468

Total Number of Sponsors
2
Democrat Sponsors
2
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
10
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 468

Primary Policy Focus

Alternate Title(s) of Bill S 468

A bill to amend title 18, United States Code, to require federally licensed firearms importers, manufacturers, and dealers to meet certain requirements with respect to securing their firearms inventory, business records, and business premises.
A bill to amend title 18, United States Code, to require federally licensed firearms importers, manufacturers, and dealers to meet certain requirements with respect to securing their firearms inventory, business records, and business premises.

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