Firearms and Ammunition - As introduced, enacts the "Protect Kids Not Guns Act." - Amends TCA Title 4; Title 8; Title 10; Title 13; Title 16; Title 29; Title 33; Title 36; Title 37; Title 38; Title 39; Title 40; Title 47; Title 49; Title 50; Title 55; Title 58; Title 65; Title 68 and Title 70.

SB 500, the "Protect Kids Not Guns Act," requires all firearms in Tennessee to be stored locked or secured with a safety device, making failure to do so a Class A misdemeanor. It bans possession of large-capacity magazines (holding more than 10 rounds) for most residents, with exceptions for law enforcement, and prohibits selling or transferring such magazines except to agencies. The bill also mandates that most firearm sales or transfers occur through licensed dealers or family gifts with specific safeguards, imposing fines up to $10,000 for violations. Additionally, it establishes a process for courts to issue extreme risk protection orders to temporarily remove firearms from individuals deemed a threat. These provisions directly affect all Tennessee firearm owners and sellers.