Bill Summary: HB 5416 - Bulk Purchases of Pistols and Revolvers

• Limits individuals to purchasing no more than one pistol or revolver during any 30-day period, with an additional restriction effective July 1, 2022 preventing purchases by individuals who bought a pistol or revolver in the previous 30 days.

• Exempts federal, state, and municipal law enforcement agencies; legal firearm transfers under section 29-36k; and exchanges of pistols or revolvers within 30 days at the same federally licensed dealer (with reporting required).

• Establishes that violations constitute a class C felony with mandatory two-year minimum sentence and $5,000 minimum fine; enhanced to class B felony (three-year minimum, $10,000 minimum fine) when involving stolen firearms or altered identification numbers.

• Requires written applications, national instant criminal background checks, authorization numbers from the Commissioner of Emergency Services and Public Protection, and retention of records for at least 20 years before any pistol or revolver sale.

• Modifies bail bond provisions to automatically terminate bonds when defendants are granted prosecution suspension under the pistol purchase restrictions, and updates definitions of offenses committed with deadly weapons to reference amended sections.