NC H481

Authorizes each department, agency, institution, commission, and bureau of the Executive, Judicial, and Legislative branches of North Carolina, along with campus police and law enforcement agencies of UNC constituent institutions, to sell, trade, or dispose of surplus weapons to federally licensed firearm dealers.

Requires surplus weapons to be offered for public sale through sealed competitive bids, electronic bids, negative bids, auction, and retail sales, with all proceeds going to the general fund.

Clarifies that the 20-year waiting period for out-of-state felony convictions to petition for firearm rights restoration is calculated from the date of unconditional discharge or pardon, matching the requirements for North Carolina convictions, effective December 1, 2021.

Allows active members of State, city, and county law enforcement agencies to purchase their prior weapons upon change of equipment at a price equal to the average yield from similar weapon sales during the preceding year.