House Sponsors: DART-LANG-BROSNAHAN-ACEVEDO-GASH, FEIGENHOLTZ, MCKEON, GARRETT, RONEN, SCHOENBERG, SHARP, KENNER, SLONE, BRADLEY AND ERWIN. Short description: FIREARM DEALERS ACCOUNTABILITY Synopsis of Bill as introduced: Creates the Firearms Accountability Act. Provides that a person who intentionally or negligently delivers a firearm, firearm ammunition, or a silencer to: (1) a person who is not legally authorized to possess that item, (2) a person who is purchasing the item on behalf of another person, or (3) any person who knows or has reason to know that the item will be used unlawfully is civilly liable for the commission of any subsequent tortious conduct that directly or indirectly involves the use, attempted use, or threatened use of the item by any person. Requires a federally licensed firearm dealer to have liability insurance in an amount of at least $1,000,000. Violation of this insurance requirement is a business offense with a maximum fine of $50,000. Amends the Firearm Owners Identification Card Act. Defines "transfer" of a firearm or firearm ammunition. Requires a person who makes a sale or transfer of a firearm to another person to report that sale or transfer to the Department of State Police within 24 hours after making the sale or transfer. FISCAL NOTE (Illinois State Police) Cost to administer HB223 would be $465,000. HOUSING AFFORDABILITY NOTE (Housing Development Authority) No fiscal effect on a single-family residence. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status