Relating to requiring a licensed firearms dealer to report certain sales or transfers of multiple semiautomatic rifles to law enforcement; creating a criminal offense.

HB 874 requires licensed firearms dealers in Texas to report sales or transfers of two or more semiautomatic rifles (defined as rifles capable of accepting detachable magazines with caliber greater than .22) to the Texas Department of Public Safety within 24 hours. Dealers must review recent transactions with the same buyer to determine if reporting is needed before completing the sale. The report is confidential and must be transmitted to local law enforcement (sheriffs or police departments) within 24 hours of receipt by the state. This bill directly affects licensed firearms dealers, creating a criminal offense for failure to comply with these reporting requirements.