Hear It Here First

State Update on Firearm Waiting Periods and Firearm Taxes

February 8, 2024

Our normal procedure is to alert the presidents of state pawnbroker associations or other state representatives when we find legislation that affects doing pawn transactions in individual states. The past week, however, produced multiple bills that we think may affect pawnbrokers who deal in firearms in other states.

New State Bills Imposing Long Hold Periods on Firearms Sales.

There are currently bills in three legislatures — New Mexico, Tennessee, an…