Restriction on bulk ammunition sales

(a) In general Section 922 of title 18, United States Code, is amended by adding at the end the following: (aa) (1) It shall be unlawful for any person licensed under this chapter to transfer to a person not so licensed— (A) more than 100 rounds of.50 caliber ammunition or more than 1,000 rounds of any other caliber of ammunition in any period of 5 consecutive days; or (B) any ammunition if— (i) the transferee has not provided to the transferor a written certification, signed by the transferee, attesting that the purchase of the ammunition would not result in the transferee having acquired more than 100 rounds of.50 caliber ammunition or more than 1,000 rounds of any other caliber of ammunition, in the 5-day period ending with the date of the transfer; or (ii) the transferor knows or has reason to believe that the transfer would result in the transferee having acquired more than 100 rounds of.50 caliber ammunition or more than 1,000 rounds of any other caliber of ammunition, in the 5-day period ending with the date of the transfer. (2) (A) It shall be unlawful for a person licensed under this chapter to transfer ammunition to a person not so licensed, unless the transferee— (i) has presented to the licensee a valid identification document (as defined in section 1028(d)) on which appears— (I) the name and address of the transferee; (II) a number unique to the transferee; and (III) the signature of the transferee; and (ii) has entered the name, address, and signature of the transferee on, and otherwise completed, such form as the Attorney General shall prescribe, which shall include the written certification described in paragraph (1)(B), and a statement of the penalties for violating this subsection. (B) It shall be unlawful for any person in connection with the purchase or attempted purchase of ammunition to knowingly make any false or fictitious oral or written statement or to furnish or exhibit any false, fictitious, or misrepresented identification, intended or likely to deceive the seller with respect to any fact material to the lawfulness of the sale of the ammunition under this chapter. (C) (i) Within 30 calendar days after the date a person licensed under this chapter transfers ammunition in a transaction subject to paragraph (1), the licensee shall transmit to the Attorney General a paper or electronic copy of the form completed by the transferee pursuant to subparagraph (A) of this paragraph. (ii) The Attorney General shall determine, on the basis of the forms transmitted pursuant to clause (i) of this subparagraph, whether a transfer of ammunition has been made in violation of paragraph (1)(A). (iii) Within 60 days after receipt of a form pursuant to clause (i), the Attorney General shall destroy the form unless the form is needed in an ongoing bona fide criminal investigation or prosecution. (D) A licensee who transfers ammunition in a transaction subject to paragraph (1) shall keep the form referred to in subparagraph (C) of this paragraph in paper or electronic form for not fewer than 2 years.. (b) Penalties Section 924(a) of such title is amended by adding at the end the following: (9) (A) A person licensed under this chapter who knowingly violates paragraph (1) or (2)(A) of section 922(aa) shall be fined not less than $50,000 and not more than $250,000, and— (i) in the case of the 2nd such violation by the person, the person shall be prohibited from selling a firearm or ammunition for 60 days; or (ii) in the case of the 3rd such violation by the person, all licenses issued to the person under this chapter shall be revoked. (B) A person who knowingly violates section 922(aa)(2)(B) shall be— (i) fined not more than— (I) $20,000, in the case of the 1st such violation by the person; or (II) $50,000, in the case of any subsequent such violation by the person; (ii) imprisoned not more than 5 years; or (iii) both. (C) Whoever knowingly violates subparagraph (C)(i) or (D) of section 922(aa)(2) shall be fined not more than $10,000.. (c) Signage requirement (1) In general Section 923(g) of such title is amended by adding at the end the following: (8) Each person licensed under this chapter shall post at the premises of the licensee subject to the license a sign on which there is set forth, in accordance with regulations prescribed by the Attorney General— (A) a summary of paragraphs (1) and (2)(B) of section 922(aa), and the penalties for making false statements on a written certification made pursuant to section 922(aa)(1)(B)(i); and (B) a summary of the provisions of section 932 relating to ammunition, and the penalties for violating those provisions.. (2) Penalty Section 924 of such title is amended by adding at the end the following: (q) Civil penalty for failure of licensee To post sign about restrictions on ammunition sales (1) In general (A) Civil penalty With respect to each violation of section 923(g)(8) by a person licensed under this chapter, the Attorney General may, after notice and opportunity for hearing, subject the licensee to a civil penalty in an amount equal to $10,000. (B) Review An action under this paragraph may be reviewed only as provided under section 923(f). (2) Administrative remedies The imposition of a civil penalty under paragraph (1) shall not preclude any administrative remedy that is otherwise available to the Attorney General..