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CO HB 1126 2026 Regular Session chaptered

Requirements for Firearms Dealers

Chaptered bank: queued

Chaptered.

Official status checked 2026-10-21 23:46 PT

Effective 2026-06-02

Bill summary

The act clarifies that a state permit to engage in the business of dealing in firearms (state permit) is required for a firearms dealer (dealer) to transfer firearms.

Under existing law, in order to be issued a state permit, a dealer must not have had a firearms dealer license or permit or a firearm possession permit revoked, suspended, or denied for good cause within 3 years before submitting a state permit application (prior license requirement) and must not have violated any state or federal law concerning the possession, purchase, or sale of firearms in the 3 years before applying for the state permit (prior violation requirement).

The act clarifies that the prior license and prior violation requirements apply to an individual possessing, directly or indirectly, the power to direct or cause the direction of the management and policies of the dealer, known as a 'responsible person' of the dealer.

The act makes the dealer training requirements apply to responsible persons who, in the course of their duties, handle firearms; process the sale, loan, or transfer of firearms; or otherwise have access to firearms.

The official digest continues on the official text.

Now vs if chaptered

NOW: chaptered Ch. 324, effective June 2, 2026. Live dealer-permit, record-keeping, LCM-security, and 48-hour theft-report duties. $75,000 second-violation fine window opens for conduct on or after January 1, 2027; shop-security implementation begins October 1, 2027.

Defender utility

Colorado PDs: do not charge a client from HB 1126. This is a dealer-permit / shop-security / record-keeping overlay. Split any DOR fine or permit-revocation theory from the client's 18-12 possessory count. LCM 'secure in the dealer's possession' is a shop duty, not a magazine-possession charge against a buyer. Theft/loss 48-hour report is a dealer clock. CA/multi-state firms: portable dealer-duty analog next to FFL-security bills — not a California Penal Code count.

Who this is for. CO FFLs/dealers and PDs distinguishing live Ch. 324 shop-permit/security duties from client possessory counts — not a California charge.

Key dates

Chapter
324
Effective
2026-06-02
Introduced
2026-02-04
Signed act
2026-06-03
Fine window
2027-01-01
Security rules start
2027-10-01

Penalties (if chaptered)

Administrative: DOR may fine a dealer up to $75,000 for a second or subsequent violation of certain dealer requirements committed on or after January 1, 2027. Not a new client possessory felony. Confirm session-law text for which permit/security counts carry the fine.

HB-1126 Colorado dealer-duty state-permit responsible-person LCM security-plan theft-report record-keeping chaptered Ch-324