H.R. 2060: Traveler’s Gun Rights Act

This bill, known as the Traveler’s Gun Rights Act, proposes changes to how the terms “State of residence” and “resident” are legally defined in relation to gun ownership and transfer in the United States. The main points of the bill include:

Definitions of State of Residence and Resident

The bill amends existing laws to provide specific definitions for the terms:

• State of residence: This term would generally mean the state where a person lives. For active duty military members, it can refer to the state of their permanent duty station or the state from which they commute to their duty station. If an individual does not physically reside in any state, their state of residence would be the one where they have a private mailbox or post office box.
• Resident: This term refers to someone who meets the definition of State of residence for a specific state.

Amendments to Background Check Procedures

The bill also modifies the national instant criminal background check system. The new provision states that any identification required for gun transfers must include:

• A photograph of the person receiving the gun (the transferee).
• The address of the transferee’s residence or, if they do not have a physical residence, the address for a private mailbox or post office box that they maintain.

Elimination of Certain Subsections

The legislation intends to eliminate an existing subsection related to the definition of “resident” that is deemed unnecessary under the new provisions.

Overall Impact

The changes proposed by this bill aim to clarify the definitions used in federal gun laws and to ensure that the process of verifying identity and residence in relation to gun transfers is streamlined and modernized.

Relevant Companies

• SAFM: Sanderson Farms, Inc. could be impacted as it relates to gun rights associated with hunting and outdoor sports, possibly influencing sales of firearms and hunting equipment.
• RUGR: Sturm, Ruger & Co., Inc. is a firearms manufacturer that might see changes in demand based on how this bill influences gun ownership and transfer laws.
• AXON: Axon Enterprise, known for its law enforcement equipment, could be indirectly affected by shifts in law enforcement practices related to gun regulations.