Regulated Firearms - Seven-Day Waiting Period - Exceptions

HB 126 adds a 7-day waiting period for most firearm sales, rentals, or transfers in Maryland, requiring a 7-day delay after a firearm application is submitted. However, it exempts current or retired law enforcement officers (in good standing) and individuals with a valid permit to carry a handgun under Maryland law. The bill applies to both licensed dealers and private sellers, maintaining the existing 90-day window to complete transactions after application approval. This change aims to streamline background checks for specific groups while keeping standard waiting periods for other buyers.