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 forces wholesale and retail firearm dealers in New Jersey to provide a written disclosure, signed by the purchaser, that explains the duty to report a lost or stolen gun within 36 hours and states that buying a gun to sell it illegally is prohibited. Dealers must keep a copy of each signed notice for 15 years and post the same warning at the sales counter. Violations carry civil fines up to $500 for a first offense and $1,000 for repeat offenses.

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

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