Establishes 180 day prohibition on purchase of handgun for certain individuals who fail to report loss or theft of firearm.

This bill would prohibit individuals convicted of failing to report a lost or stolen firearm from purchasing a handgun for 180 days. Current law requires firearm owners to report loss or theft within 36 hours, with civil penalties of $500 for a first offense and $1,000 for subsequent offenses. The bill adds a criminal consequence to the existing civil penalties by imposing a temporary ban on handgun purchases following conviction. The prohibition would begin on the date of conviction and last for 180 days. This change would affect firearm owners who fail to report loss or theft and are convicted of that violation.