S. 1370: Gas-Operated Semi-Automatic Firearms Exclusion Act

This bill, known as the Gas-Operated Semi-Automatic Firearms Exclusion Act (GOSAFE Act), aims to introduce regulations regarding certain types of firearms, specifically gas-operated semi-automatic firearms and large capacity ammunition devices. Here’s a breakdown of what the bill entails:

Definitions and Scope

The bill defines key terms crucial to understanding its mandates:

• Semi-Automatic Firearm: A firearm that fires one shot per trigger pull and automatically chambers the next round.
• Gas-Operated Firearm: A semi-automatic firearm that uses gas from the fired cartridge to cycle its action.
• Large Capacity Ammunition Feeding Device: Any magazine or feeding device capable of holding more than 10 rounds of ammunition.

Prohibitions

The bill makes it unlawful for individuals to import, sell, manufacture, transfer, or possess gas-operated semi-automatic firearms. It also prohibits possession of large capacity ammunition feeding devices manufactured after the enactment date of this law. There are specific exceptions provided for governmental entities and certain licensed professionals.

Exceptions

The following exceptions exist:

• Law enforcement or military personnel may possess these firearms in performance of their duties.
• Transfer of firearms possessed legally before the enactment date to immediate family members under specific conditions.

Buy-Back Programs

The bill authorizes the use of Byrne grants to fund programs aimed at buying back gas-operated semi-automatic firearms and large capacity ammunition feeding devices from the public. This is intended to incentivize the surrender of prohibited items.

Penalties

Violators of the prohibitions outlined in this bill may face fines up to $5,000, imprisonment for up to one year, or both. The penalties become more severe if the violation involves committing another federal offense while possessing a prohibited firearm.

Establishment of Prohibited Firearm List

The Attorney General is required to publish and regularly update a list of gas-operated semi-automatic firearms that are prohibited under this act, ensuring clarity regarding which firearms are covered.

Application Process for New Firearms

New semi-automatic firearms designed after the act’s enactment must be approved by the Attorney General before they can be manufactured or sold. This process includes submitting detailed specifications and other relevant information for review.

Funding and Fees

A Firearm Safety Trust Fund is established to collect fees associated with applications and taxes related to firearm regulations, which will be used to support the operations mandated by this act.

Legal Reviews and Appeals

Manufacturers who have their applications denied may appeal the decision. There is also a provision allowing the public to challenge the removal of firearms from the prohibited list under specific circumstances.

Relevant Companies

• Ruger (RGR): A significant manufacturer of firearms, including semi-automatic models, which may have products impacted by this bill.
• SafeGun (SAFM): A company that produces and sells firearms, potentially facing restrictions on their product lines if they include gas-operated semi-automatics.
• Smith & Wesson (AXS): A well-known manufacturer that may be affected as they produce various firearms, including models that may fall under the defined prohibitions.