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

This bill requires anyone who loses or has their firearm stolen to report it to local law enforcement within 48 hours of discovering the loss or theft. It establishes escalating criminal penalties for failing to report, ranging from a petty misdemeanor for a first offense to a gross misdemeanor for third or subsequent violations. The law also protects individuals from prosecution for firearm storage violations if they report the loss or theft as required. Police chiefs and sheriffs must forward these reports to the state commissioner of public safety within seven days, and the state will receive $36,000 to fund a reporting system for this purpose. The bill takes effect on August 1, 2026, and applies to incidents occurring on or after that date.