HB 25-1055

House Bill 25-1055, which has been signed into law, removes several requirements for firearm dealers in Colorado. These include the need for a state firearms dealer permit starting from July 1, 2025, regular on-site inspections by the Department of Revenue, and specific security measures to prevent public access to firearms. The bill also eliminates reporting requirements related to suspected illegal activities like straw purchases and employee thefts, as well as restrictions on selling firearms outside business hours or to intoxicated individuals. Additionally, it removes annual training requirements for dealers and their employees who handle firearms. This means that firearm dealers will face fewer regulations going forward, impacting both the businesses themselves and public safety measures related to gun sales in Colorado.

Official Summary

The bill repeals the requirements related to dealing firearms enacted in House Bill 24-1353, including repealing the following: The requirement for a firearms dealer (dealer) to obtain a state firearms dealer permit (state permit) to engage in the business of dealing in firearms on and after July 1, 2025; The requirement for the department of revenue to conduct on-site inspections of state permit holders; The requirement that a dealer secure firearms in a manner that prevents members of the public from accessing the firearms; Specific requirements for a dealer to report to law enforcement about suspected straw purchases and firearm thefts by employees; The prohibition on a dealer selling or transferring a firearm outside of the dealer's posted business hours or to a person who is under the influence of alcohol or a controlled substance; The requirement for each dealer and each employee of a dealer whose position involves handling firearms to annually complete a training course; and Minimum qualifications for employees of dealers and the requirement for employees to submit to background checks.(Note: This summary applies to this bill as introduced.)