Lost and stolen firearms required to be reported promptly to law enforcement, and money appropriated.

HF 1757 requires anyone who owns, possesses, or controls a firearm to report a loss or theft to local law enforcement within 48 hours. Failure to report can result in escalating penalties, starting with a minor offense for the first violation and increasing to a gross misdemeanor for repeated failures. The bill also provides immunity from prosecution for storage-related offenses if the report is made on time and mandates that law enforcement agencies report lost or stolen firearms to the state commissioner within seven days. Additionally, the bill appropriates $36,000 for a one-time implementation of a reporting system to support these requirements.