US HB7827

Prohibits the Department of Defense and government-owned plants from selling military-grade assault weapons or covered ammunition (.22 caliber or larger) in the commercial marketplace

Bars DoD from procuring any items from firearms or ammunition dealers/manufacturers that sell military-grade assault weapons or covered ammunition commercially

Requires firearms and ammunition dealers to meet strict conditions to sell to or purchase from DoD, including: federal licensing, no more than 24 crime-traced firearms in 3 years, limits of 500 rounds of covered ammunition or 1,000 rounds of other ammunition per customer per 30 days, and mandatory employee training programs

Establishes a dealer code of conduct requiring NICS background check completion before transfers, security systems, refusal to sell to intoxicated or unstable individuals, electronic inventory records, and quarterly inventory checks

Creates a new licensing system for ammunition dealers through the Attorney General, authorizes ammunition dealers to access the NICS background check system within 180 days of enactment, and requires annual reporting from government-owned plants and DoD on commercial firearms sales