A bill to expand the powers of the Secretary of the Treasury to regulate the manufacture, distribution, and sale of firearms and ammunition, and to expand the jurisdiction of the Secretary to include firearm products and non-powder firearms.
Grants the Secretary authority to issue orders, require recalls, and conduct inspections.
Prohibits failure by: (1) a manufacturer to test and certify firearm products or to provide notice to the Secretary of new types of firearm products; (2) a manufacturer or dealer to label firearm products; and (3) an importer, manufacturer, or dealer to maintain, or permit inspection of, records.
Prohibits: (1) the importation and exportation of uncertified firearm products; (2) the manufacture, offer for sale, distribution in commerce, importation, or exportation of a firearm product in violation of this Act; and (3) the manufacture, purchase, or import of a firearm product at a rate that is significantly greater than during a base period (prescribed by the Secretary) before the applicable regulation is prescribed under this Act.
Sets forth civil and criminal enforcement provisions.
Directs the Secretary to: (1) collect, investigate, analyze, and share with other appropriate government agencies circumstances of death and injury associated with firearms; and (2) conduct continuing studies and investigations of firearm-related deaths and injuries and the resulting economic costs and losses.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S1403-1404)
Read twice and referred to the Committee on the Judiciary. (text of measure as introduced: CR S1404-1406)
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