Anti-trafficking procedures

(a) Dealer’s license application required To specify business practices To prevent diversions from lawful commerce Section 923(d)(1)(G) of title 18, United States Code, is amended to read as follows: (G) in the case of an application to be licensed as a dealer— (i) the applicant certifies that secure gun storage or safety devices will be available at any place in which firearms are sold under the license to persons who are not licensees (subject to the exception that in any case in which a secure gun storage or safety device is temporarily unavailable because of theft, casualty loss, consumer sales, backorders from a manufacturer, or any other similar reason beyond the control of the licensee, the dealer shall not be considered to be in violation of the requirement under this subparagraph to make available such a device); (ii) the applicant submits with the application a specification of the firearms business practices, policies, and procedures of the applicant; and (iii) the Attorney General determines that the specification describes policies, practices, and procedures comply with regulations prescribed under section 926(d).. (b) Regulations To require licensed dealers To implement business practices, policies, and procedures To prevent business inventory firearms, ammunition, and accessories from being diverted from lawful commerce, and prevent business inventory firearms from being transferred to a straw purchaser Section 926 of such title is amended by adding at the end the following: (d) The Attorney General shall prescribe regulations requiring licensed dealers to implement business practices, policies, and procedures sufficient to prevent firearms, ammunition, and accessories in the business inventory of a licensed dealer from being diverted from lawful commerce, and to prevent business inventory firearms of a licensed dealer from being transferred to a straw purchaser, and shall do so in consultation with government entities with expertise similar to that of the White House Office of Gun Prevention.. (c) Penalties for failure To implement business practices, policies, and procedures specified in approved dealer’s license application Section 924 of such title is amended by adding at the end the following: (q) The Attorney General may impose a civil money penalty of not more than $5,000 on, and may suspend the license issued under section 923 to, any person who is a licensed dealer who fails to comply with any practice, policy, or procedure specified in the application approved under section 923 of the person to become a licensed dealer..