An Act relative to loaning personal property

HD 2858 amends Massachusetts law to require electronic reporting of all firearm transactions (including purchases, sales, rentals, leases, and transfers) within 7 days. This applies to all parties involved in such transactions within the Commonwealth. The bill specifically exempts short-term loans of firearms to licensed or exempt individuals for periods under one year from the reporting requirement. The change modifies existing reporting obligations under Chapter 135 of the Acts of 2024.