New Mexico 2024 Regular Session

New Mexico Senate Bill SB69

Introduced
1/17/24  
Report Pass
1/18/24  
Report Pass
1/29/24  

Caption

14-day Firearm Sale Waiting Period

Impact

If enacted, SB69 will create a new misdemeanor offense for sellers who unlawfully transfer firearms prior to the conclusion of the fourteen-day waiting period. The legislation also outlines exceptions where the waiting period requirement would not apply, such as sales to licensed federal firearms dealers, concealed carry license holders, law enforcement agencies, or close relatives. This aligns with similar laws in various states attempting to manage gun sales and mitigate risks associated with rapid firearm acquisition.

Summary

SB69 establishes a mandatory waiting period of fourteen business days between the initiation of a federal background check and the transfer of a firearm to the buyer. This legislation aims to promote responsible firearm sales and reduce potential gun violence by ensuring that sufficient time is allowed for background checks to be completed. The bill specifies that firearms should remain in the custody of the seller during the waiting period and mandates that records of firearm sales be available for inspection by law enforcement agencies.

Contention

The debate surrounding SB69 is expected to be divisive, as firearm regulations often evoke strong opinions from both proponents and opponents. Supporters argue that the enforced waiting period will add an essential layer of safety in the transaction process, potentially aiding in the prevention of impulsive acts of violence. Conversely, critics may perceive this legislation as an infringement on the rights of lawful gun owners, arguing that additional regulations do not effectively deter crime and impede their legal right to bear arms.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.