US SB726

Requires firearm owners to securely store firearms in residences where minors or persons ineligible to possess firearms under federal, state, or local law may gain access

Imposes a $500 fine per violation for improper storage, with enhanced penalties of up to 5 years imprisonment and fines if a minor or ineligible person obtains the firearm and causes injury or death

Creates exceptions for firearms secured with a storage device, kept in a reasonably secure location, or carried on the person within close proximity for ready use

Establishes a federal grant program for states and Indian Tribes that enact functionally identical safe storage laws, with affirmative preference given to Bureau of Justice Assistance grant applications for fiscal years 2025-2029

Authorizes seizure and forfeiture of improperly stored firearms and expresses congressional intent that storage violations constitute negligence and proximate cause of resulting harms