Civil procedure: civil actions; civil liability for a person who sells, delivers, or transfers a firearm to a person prohibited from possessing a firearm; provide for. Creates new act.

HB 5066, titled the "Gun Seller Liability Act," creates strict liability for firearms dealers who sell, deliver, or transfer firearms to individuals prohibited from possessing them under federal or state law, if that firearm causes injury, death, or threat. It directly affects licensed firearms dealers (those holding a federal firearms license who sell guns commercially), requiring them to maintain $1 million in liability insurance covering injuries resulting from firearm sales. Key provisions include holding dealers strictly liable for damages when they know or should know a buyer is prohibited, and mandating the insurance coverage for all such sales. The bill does not alter gun ownership laws but imposes financial responsibility on dealers for specific negligent sales.