US HB7135

Federal firearms dealer licensing fees increase significantly: initial dealer licenses rise from $1,000 to $2,000, renewal fees from $50 to $2,000, and certain other license categories see 100% to 4,000% increases

Licensed dealers must submit anti-trafficking business practices, policies, and procedures with their applications, certify availability of secure gun storage devices, and face civil penalties up to $5,000 plus license suspension for non-compliance

Firearms trafficking penalties established at up to 15 years imprisonment for individuals, and licensed dealers face civil fines of $10,000-$50,000 per firearm plus mandatory profit disgorgement and potential license revocation

ATF must retain firearm transaction records for 180 days (up from 20-day destruction requirement), dealers must respond to trace requests within 24 hours, and dealers must review crime gun trace records before any firearm transfer

"High risk dealers" (those with violation histories or multiple crime gun traces) face mandatory biennial inspections without warrant, required electronic recordkeeping, video/audio surveillance of all transactions, and permanent business practice alterations