Requires universal background checks for all sales or transfers of firearms

This bill mandates that anyone selling or transferring a firearm who is not a licensed dealer must conduct a background check on the buyer and obtain approval from a central repository before the transfer occurs. The law requires unlicensed sellers to arrange for a licensed dealer or a law enforcement agency to perform the check and allows these agencies to charge a fee of up to twenty-five dollars. Several exceptions exist for transfers involving immediate family members, antique firearms, gunsmiths performing repairs, and temporary possession during activities like hunting or at shooting ranges. Violations of the bill's requirements are classified as class B misdemeanors, and licensed dealers who fail to comply must report the violation to state and federal authorities.