A bill for an act relating to lost or stolen firearms, and providing penalties.

This bill requires firearm owners in Iowa to report lost or stolen firearms to local law enforcement within 48 hours of discovery. It directly affects individuals who own firearms and experience loss or theft. Violating this requirement is a simple misdemeanor punishable by a $50 fine. The law creates a specific reporting obligation and penalty for non-compliance, without altering broader firearm regulations.