Vote Smart's Synopsis:

Vote to pass a bill that requires state retail dealers have state permits along with a federal license in the state of Colorado.

Highlights:

• Requires a firearms dealer to obtain a state permit in order to conduct business in the state of Colorado (Sec. 1). 

• Specifies that engaging in business without a permit is an unclassified felony punishable by a fine of up to $250,000 (Sec. 1). 

• Specifies when the department has the right to revoke a dealers state permit (Sec. 1). 

• Requires a dealer and each employee of a dealer to annually complete a training course developed or approved by the department (Sec. 1). 

• Prohibits a dealer from selling or transferring a firearm outside of the dealers posted business hours or to a person who the person suspects is under the influence of alcohol (Sec. 1). 

• Prohibits a dealer from employing a person who is prohibited from possessing a weapon or who has been convicted of a misdemeanor (Sec. 1).

Full Bill Text