Regulates pistol converters and convertible pistols

This bill prohibits the possession and sale of pistol converters and convertible pistols. It defines a "convertible pistol" as a semi-automatic pistol with a specific trigger bar design that can be easily converted into a machine-gun using common household tools (like screwdrivers or pliers), excluding most modern firearms. The law makes selling or disposing of such pistols a class D felony, with limited exceptions for military personnel, police officers, and licensed gun dealers acting within their duties. The bill directly affects gun owners, sellers, and manufacturers by banning these specific devices and firearms.