Synopsis As Introduced Creates the Ammunition Accountability Act. Provides that all firearm ammunition manufactured or sold in the State of Illinois on or after January 1, 2010 shall be coded by the manufacturer. Provides that effective January 1, 2010, all firearm ammunition used within the State of Illinois shall be coded by the manufacturer. Provides that on or after January 1, 2010, a person in possession of non-coded ammunition that was manufactured prior to January 1, 2010, may transfer the same only to an heir, to an individual residing in another state maintaining the ammunition in another state, or to a federally licensed firearms dealer. Provides that the Department of State Police shall be responsible for establishing and maintaining an Ammunition Coding System Database (ACSD) containing specified information. Establishes penalties and exemptions.