Every Federal Firearms Licensee (FFL) is required by federal law to keep and maintain an “Acquisition and disposition Record (A&D), commonly known as the “Bound Book” The Bound Book tracks all firearms entering and leaving the business.

Plain English Breakdown

The official status shows the bill was 'Stricken in House,' meaning it did not pass and has no effective date.

Amendment Changing Firearm Inventory Frequency

This amendment changes a rule so that licensed gun dealers must count their firearms at least once every three months instead of once every month.

What This Bill Does

• Changes the required frequency for firearm inventory checks from monthly to quarterly.
• Updates how records are kept when guns are sold or transferred during these counts.

Who It Names or Affects

• Federal Firearms Licensees (FFLs) who sell or transfer guns in the state

Terms To Know

Federal Firearms Licensee (FFL)

A business person licensed by federal law to deal in firearms.

Bound Book

An official record that tracks all guns entering and leaving a gun dealer's business.

Limits and Unknowns

• The bill was removed from consideration by the House on June 25, 2026.
• No effective date is listed because the amendment did not become law in this form.

Official Summary Text

Every Federal Firearms Licensee (FFL) is required by federal law to keep and maintain an “Acquisition and disposition Record (A&D), commonly known as the “Bound Book” The Bound Book tracks all firearms entering and leaving the business. See 27 CFR § 478.125(e). This Bound Book is an on-going inventory of firearms handled by the FFL.
SS1 for SB 300 creates a state-level system which duplicates in every operable way the federal “Bound Book” system and also serves as an on-going, duplicate inventory system. See Lines 254 through 260 of the original. Additionally, SS1 for SB 300 requires that the FFL conduct and record a monthly inventory.
This amendment takes a more reasonable and less burdensome approach by requiring inventories to be conducted “at least quarterly.” Note that SS1 for SB 300 already requires such inventory information to be transmitted to DSP twice per year. (See Lines 264-266 in the original).

Current Bill Text

Legislation Document

SPONSOR:

Rep. Spiegelman

HOUSE OF REPRESENTATIVES

153rd GENERAL ASSEMBLY

HOUSE AMENDMENT NO. 13

TO

SENATE SUBSTITUTE NO. 1

FOR

SENATE BILL NO. 300

AMEND Senate Substitute No. 1 for Senate Bill 300 on line 261 and 262 by deleting the phrase “

disposed of through an inventory check prepared once per month

” and inserting in lieu thereof the phrase “

sold or otherwise transferred through an inventory check prepared at least quarterly

”.

SYNOPSIS

Every Federal Firearms Licensee (FFL) is required by federal law to keep and maintain an “Acquisition and disposition Record (A&D), commonly known as the “Bound Book” The Bound Book tracks all firearms entering and leaving the business. See 27 CFR § 478.125(e). This Bound Book is an on-going inventory of firearms handled by the FFL.

SS1 for SB 300 creates a state-level system which duplicates in every operable way the federal “Bound Book” system and also serves as an on-going, duplicate inventory system. See Lines 254 through 260 of the original. Additionally, SS1 for SB 300 requires that the FFL conduct and record a monthly inventory.

This amendment takes a more reasonable and less burdensome approach by requiring inventories to be conducted “at least quarterly.” Note that SS1 for SB 300 already requires such inventory information to be transmitted to DSP twice per year. (See Lines 264-266 in the original).