New York A08853 bans possession of 50 caliber firearms and establishes a reimbursement program for lawful owners.

New York A08853 amends the penal law to prohibit the possession, sale, and use of 50 caliber firearms. Owners of such firearms must register them with the state police within 12 months of retirement. The bill also mandates the creation of a dedicated webpage for registration and public education. It establishes a reimbursement program for lawful owners who turn in their 50 caliber firearms to designated officers, up to a limit of $8,500. Licensed firearm dealers have 30 days to return new 50 caliber firearms to distributors or manufacturers for a refund.

New York A08853 bans possession of 50 caliber firearms and establishes a reimbursement program for lawful owners.

New York A08853 amends the penal law to prohibit the possession, sale, and use of 50 caliber firearms. Owners of such firearms must register them with the state police within 12 months of retirement. The bill also mandates the creation of a dedicated webpage for registration and public education. It establishes a reimbursement program for lawful owners who turn in their 50 caliber firearms to designated officers, up to a limit of $8,500. Licensed firearm dealers have 30 days to return new 50 caliber firearms to distributors or manufacturers for a refund.