The bill would let the Bureau of Justice Assistance award grants to states, local governments, Tribal governments, and certain licensed gun dealers for gun buyback programs. Participants could turn in eligible guns for smart prepaid cards worth at least 125% of the gun’s market value, as set by the Bureau. The cards could not be used to buy guns or ammunition or exchanged for cash. Programs could also collect ammunition, but could not pay for it with the cards. Guns and ammunition collected could not be resold and would have to be checked for links to crimes and destroyed or turned over as required by the bill.
If a grant-funded program operates where you live, you could choose to turn in an eligible gun for a prepaid card. The bill does not require anyone to take part. Local program availability and details would depend on the grants and the program rules.
The bill would authorize $360 million in funding for each of fiscal years 2025, 2026, and 2027. It does not state how much funding would ultimately be provided.
No publicly available information.
No publicly available information.