Firearms. Ammunition Sales. Initiative Statute.

Requires individuals to pass a background check and obtain Department of Justice authorization to purchase ammunition. • Prohibits possession of large-capacity ammunition magazines, and requires their disposal, as specified. • Requires most ammunition sales be made through licensed ammunition vendors and reported to Department of Justice. • Requires lost or stolen firearms and ammunition be reported to law enforcement. • Prohibits persons convicted of stealing a firearm from possessing firearms. • Establishes new procedures for enforcing laws prohibiting firearm possession. • Requires Department of Justice to provide information about prohibited persons to federal National Instant Criminal Background Check System. • Increased state and local court and law enforcement costs, potentially in the tens of millions of dollars annually, related to a new court process for removing firearms from prohibited persons after they are convicted. • Potential increase in state costs, not likely to exceed the millions of dollars annually, related to regulating ammunition sales. These costs would likely be offset by fee revenues. • Potential net increase in state and local correctional costs, not likely to exceed the low millions of dollars annually, related to changes in firearm and ammunition penalties