Firearm Risk Protection Act of 2021

Bill: 117-hr-1004
Sponsor: full_name: Rep. Maloney, Carolyn B. [D-NY-12]
Introduced: 2021-02-11
Policy area: Crime and Law Enforcement
Subjects: Firearms and explosives

Life, casualty, property insurance
Latest action: action_date: 2021-04-23
text: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Summaries:
action_date: 2021-02-11
action_desc: Introduced in House
text: <p><b>Firearm Risk Protection Act of 2021</b></p> <p>This bill establishes requirements for gun purchasers and gun owners to be covered by a qualified liability insurance policy.</p> <p>A qualified liability insurance policy, with respect to a firearm purchaser, is a policy that covers losses resulting from use of the firearm while it is owned by the purchaser.</p> <p>A person who fails to comply with the requirements is subject to a criminal fine of up to $10,000.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 1004 IN THE HOUSE OF REPRESENTATIVES February 11, 2021 Mrs. Carolyn B. Maloney of New York (for herself and Mr. Carson ) introduced the following bill; which was referred to the Committee on the Judiciary A BILL To prohibit the sale of a firearm to, and the purchase of a firearm by, a person who is not covered by appropriate liability insurance coverage.

1. Short title This Act may be cited as the Firearm Risk Protection Act of 2021 . 2. Prohibitions on sale of firearm to, and purchase of firearm by, a person not covered by appropriate liability insurance (a) Prohibitions Section 922 of title 18, United States Code, is amended by adding at the end the following: (aa) (1) (A) (i) It shall be unlawful for a person to purchase a firearm unless, at the time of the purchase, the purchaser presents to the seller proof that the purchaser is covered by a qualified liability insurance policy. (ii) It shall be unlawful for a person to sell a firearm unless, at the time of the sale, the seller verifies that the purchaser is covered by a qualified liability insurance policy. (iii) It shall be unlawful for a person who owns a firearm purchased on or after the effective date of this subsection not to be covered by a qualified liability insurance policy. (B) Subparagraph (A) shall not apply to the purchase or sale of a firearm for the use of the United States or any department or agency of the United States, or any State or any department, agency, or political subdivision of a State. (2) In paragraph (1), the term qualified liability insurance policy means, with respect to the purchaser of a firearm, a policy that— (A) provides liability insurance covering the purchaser specifically for losses resulting from use of the firearm while it is owned by the purchaser; and (B) is issued by an insurer licensed or authorized to provide the coverage by the State insurance regulatory authority for the State in which the purchaser resides. . (b) Penalty Section 924 of such title is amended by adding at the end the following: (q) Whoever violates section 922(aa) shall be fined not more than $10,000. . (c) Effective date The amendments made by this section shall apply to conduct engaged in after the 180-day period that begins with the date of the enactment of this Act.