"An Act relating to the disposition of forfeited, surplus, and unclaimed firearms by the state and municipalities. "
"SB 274 simply clarifies guidelines for disposal of surplus firearms."
- Sen. Dyson
Currently state owned surplus firearms are sold or traded only to federally licensed firearm dealers. This situation has created an incentive to trade-in surplus firearms in one block for credit for purchase of new firearms. While the procedure may have been efficient, the obscurity generated concerns and suspicions.
SB 274 expands the disposal options to include sale to qualified Alaskans, trade-in, donation, and transfer to other jurisdictions. When firearms are not sold to the public, SB 274 requires the department to report descriptions and values of the firearms during the annual budgetary process.
SB 274 does not change restrictions on who may or may not possess a firearm, nor does it change any rules regulating the buying and selling of guns. SB 274 simply clarifies guidelines for disposal of surplus firearms.