H.R. 1004 · 117th Congress

Firearm Risk Protection Act of 2021

Stage
In committee
Introduced
2021-02-11
Latest action
2021-04-23 · Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Summary

Firearm Risk Protection Act of 2021

This bill establishes requirements for gun purchasers and gun owners to be covered by a qualified liability insurance policy.

A qualified liability insurance policy, with respect to a firearm purchaser, is a policy that covers losses resulting from use of the firearm while it is owned by the purchaser.

A person who fails to comply with the requirements is subject to a criminal fine of up to $10,000.