Requires firearm retailers to provide disclosure of customer's responsibility to report stolen or lost firearms; advises customers it is unlawful to purchase firearms with intent to sell to disqualified persons.

Summary

The bill obligates wholesale and retail gun dealers in New Jersey to provide a written disclosure to every buyer, have the buyer sign it, and keep a copy for at least 15 years. The notice tells purchasers they must report a lost or stolen firearm within 36 hours and warns that buying a gun to illegally sell it is unlawful. Violations would incur civil penalties of up to $500 for a first offense and $1,000 for subsequent offenses.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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