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Third Reading - Standard Debate - Lost 050-067-000
Statutes Amended In Order of Appearance
New Act
Synopsis As Introduced Creates the Firearms Dealer Licensing Act. Requires a person who engages in the business of selling or transferring firearms to be licensed by the Department of State Police. Establishes qualifications for licenses. Provides that it is a Class 4 felony to engage in the business of selling or transferring firearms without a license. Requires a licensed firearms dealer who sells or transfers a firearm to a person who is not a licensed dealer to report that sale or transfer to the Department of State Police.
Judicial Note (Administrative Office of the Illinois Courts)
House Bill 2532 would neither increase nor decrease the number of judges needed in the state.
Correctional Note (Department of Corrections)
HB 2532 would have a total impact of three inmates and a cost increase of $786,700 over ten years from the date of enactment.
State Debt Impact Note (Economic and Fiscal Commission)
Would not change the amount of authorization for any type of State-issued or State-supported bond, and therefore would not affect the level of State indebtedness.
Balanced Budget Note (Bureau of the Budget)
Since this House Bill is not a supplemental appropriation bill, it is not possible to complete this Note as requested.
Home Rule Note (Dept of Commerce and Community Affairs)
Does not pre-empt home rule authority.
State Mandates Fiscal Note (Dept of Commerce and Community Affairs)
Does not create a state mandate under the State Mandates Act.
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