This Minnesota House bill (H.F. No. 1757) requires individuals who own, possess, or control a firearm to report its loss or theft to law enforcement within 48 hours of discovering or reasonably knowing about the loss or theft. Noncompliance results in escalating penalties: - First offense: Petty misdemeanor
- Second offense: Misdemeanor
- Third or subsequent offense: Gross misdemeanor

The bill grants immunity from prosecution for firearm storage violations to those who comply with the reporting requirement. It also mandates that local law enforcement (chief of police or sheriff) report lost or stolen firearms to the Commissioner of Public Safety within seven days. The bill is referred to the Committee on Public Safety Finance and Policy.