HB 700

Purchase of firearms; waiting period; penalties. Provides that no person shall sell a firearm unless at least five days have elapsed from the time the prospective purchaser completes the written consent form to have a licensed dealer obtain criminal history record information, with exceptions enumerated in relevant law. The bill provides that any person who willfully and intentionally sells to another person or purchases from another person a firearm in violation of this prohibition is guilty of a Class 1 misdemeanor. Additionally, the bill provides that any dealer who willfully and intentionally sells, rents, trades, or transfers a firearm in violation of such prohibition is guilty of a Class 6 felony.