MS HB40

Requires purchasers of automatic weapons to obtain a purchasing permit from the Department of Public Safety with a minimum 30-day waiting period during which a background check is conducted.

Mandates that automatic weapon purchasers obtain a mental evaluation from a licensed psychologist or physician and provide proof to the seller that they do not suffer from any mental disorder.

Makes it a felony punishable by up to 3 years imprisonment or a $50,000 fine to provide false proof of mental evaluation or a false purchasing permit.

Makes it a felony punishable by up to 3 years imprisonment or a $50,000 fine for sellers to sell automatic weapons without receiving both a purchasing permit and proof of mental evaluation.

Requires sellers to submit the name and address of each automatic weapon purchaser to the local law enforcement agency, with violations punishable as a felony by up to 3 years imprisonment or a $50,000 fine.