This bill proposes a new law in Minnesota requiring any person who steals a firearm to report the theft to local law enforcement authorities within 48 hours. If they fail to report the theft, they will face increasing penalties based on the number of offenses: a petty misdemeanor for the first violation, a misdemeanor for the second, and a gross misdemeanor for any further violations. Additionally, police chiefs and sheriffs must report the stolen firearm to the commissioner of public safety within seven days of learning about the theft.