Tag: House Bill 26-1126

By: Marissa Ventrelli | Colorado Politics A firearms group has filed a lawsuit challenging a recently signed law expanding regulations for firearms dealers in Colorado. House Bill 26-1126 clarifies that firearms dealers must hold both a federal and state license to operate. The bill also allows the Department of Revenue to fine dealers up to $100,000 for second or subsequent violations of certain requirements. Additionally, HB 1126 expands record-keeping requirements to apply to all firearm purchases, rather than just pistols and revolvers. It includes certain requirements for gun shops, such as that dealers must safely store large-capacity magazines, have certain security features on all doors and windows and be equipped with an alarm system that includes video s...