Relating to: a requirement to report lost or stolen firearms and providing a penalty. (FE)

SB 947 requires firearm owners to report lost or stolen guns to local law enforcement within 24 hours. Law enforcement must then forward these reports to a state database for tracking, and owners must report recovery of a firearm as soon as possible. Failure to report a lost or stolen firearm carries penalties: a Class A misdemeanor for a first offense, escalating to a Class I felony for repeat violations. Additionally, sellers must provide new buyers written notice of these reporting requirements and penalties at the time of sale. The bill directly affects firearm owners, sellers, and law enforcement agencies.