Relating to prohibiting the transfer of certain semiautomatic rifles to certain recipients; creating a criminal offense; increasing a criminal penalty.

HB 1556 prohibits the sale, transfer, or loan of certain semiautomatic rifles to individuals under 21 years old. Specifically, it bans transfers of rifles capable of accepting detachable magazines with a caliber greater than .22 to anyone younger than 21. The bill creates a new criminal offense for violations and increases penalties for such violations. Exceptions apply for transfers to peace officers or military veterans who are honorably discharged or currently serving. This bill directly affects firearm sellers, retailers, and young adults aged 18-20 who would be barred from legally receiving these specific rifles.