H.R. 2255: Federal Law Enforcement Officer Service Weapon Purchase Act

This bill, titled the Federal Law Enforcement Officer Service Weapon Purchase Act, aims to create a program that allows federal law enforcement officers to purchase their retired service weapons from the federal agencies that issued them. Here is a breakdown of what the bill includes:

Establishment of a Purchase Program

The bill requires the Administrator of General Services to set up a program within one year of the enactment date. This program will enable federal law enforcement officers to buy their retired firearms, under certain conditions.

Conditions for Purchase

Federal law enforcement officers can purchase their retired firearms provided they meet the following criteria:

• The purchase must take place within a six-month period starting from the date the firearm was retired.
• The officer must be in good standing with their respective federal agency at the time of the purchase.

Pricing Structure

Firearms acquired under this program will be sold at "salvage value." This means the price will reflect the firearm's age and condition, essentially pricing it at what it is worth after being declared surplus.

Definitions

The bill includes specific definitions for key terms:

• Federal law enforcement officer: Defined according to existing law, including both active and retired officers.
• Firearm: Refers to weapons as defined in current federal law, excluding non-compliant machine guns.
• Retired firearm: Any firearm designated as surplus by the issuing agency.
• Salvage value: The expected value of an asset that is now seen as useless to the owner, typically reflecting its end-of-life condition.

Implementation Timeline

The bill sets a deadline for the program's establishment, ensuring that federal law enforcement officers will have access to this option promptly after the legislation is enacted.

Conclusion of Summary

Overall, this legislation aims to provide a mechanism for federal law enforcement officers to purchase their retired weapons, with conditions and a pricing structure outlined to guide the process.

Relevant Companies

None found