Bullet Tracing Act To Reduce Gun Violence

Bullet Tracing Act To Reduce Gun Violence - Amends the Federal criminal code to prohibit a licensed manufacturer or importer from transferring a firearm to any person before test firing it and preparing and transmitting ballistics records to the Attorney General. Sets forth civil and criminal penalties for violations, including license suspension for up to five years. Directs the Attorney General to compile the ballistics records in electronic form for use in Federal, State, and local criminal investigations, arrests, indictments, and prosecutions.

Directs the Attorney General to assist qualified firearms manufacturers and importers in: (1) obtaining use of new and upgraded computerized ballistics and bullet recovery equipment owned by the Government; (2) training personnel necessary to develop, maintain, research, and evaluate a firearms ballistics information database and to record and transmit to the Attorney General such information; and (3) implementing effective ballistics testing.