H.R. 1643: Second Amendment For Every Registrable Voter Act

This bill, known as the Second Amendment For Every Registrable Voter Act or the SAFER Voter Act, proposes to change the minimum age at which a person can purchase a handgun from a Federal firearms licensee from 21 years old to 18 years old.

Key Provisions of the Bill

• The primary change is to amend existing federal law (specifically Section 922(b)(1) of Title 18 of the United States Code) to remove the restriction that prohibits anyone under the age of 21 from obtaining a handgun.
• Additionally, the bill makes a conforming amendment to Section 922(c)(1), which relates to the age verification requirement for purchasing firearms other than shotguns or rifles, allowing individuals aged 18 and older to declare their eligibility.

Regulatory Changes

By reducing the age limit for handgun purchases, the bill would affect how federal firearms regulations are applied concerning young adults aged 18 to 20, enabling them to legally purchase handguns and related ammunition from licensed dealers.

Implications

If enacted, this law would align the gun purchasing age for handguns with the voting age in the United States, which is currently set at 18 years. Proponents may argue this reflects a belief that individuals deemed old enough to vote should also have the right to bear arms, while opponents might underscore concerns over public safety and the responsibility that comes with firearm ownership.

Relevant Companies

• RGR - Sturm, Ruger & Company, Inc.: As a major manufacturer of firearms, including handguns, this company could see increased sales if the bill passes, as a new legal market of 18 to 20-year-olds may emerge.
• OSS - Olin Corporation: As the producer of Winchester ammunition, Olin could experience a boost in demand for ammunition as younger individuals gain access to handguns.
• THRY - Smith & Wesson Brands, Inc.: This firearm manufacturer could potentially benefit from increased sales to a new demographic of young adult consumers following the age change.