[Congressional Record Volume 161, Number 79 (Thursday, May 21, 2015)]
[Extensions of Remarks]
[Page E775]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              INTRODUCTION OF FIREARM RISK PROTECTION ACT

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                        HON. CAROLYN B. MALONEY

                              of new york

                    in the house of representatives

                         Thursday, May 21, 2015

  Mrs. CAROLYN B. MALONEY of New York. Mr. Speaker, I rise today to 
introduce the Firearm Risk Protection Act, innovative legislation to 
promote safe gun ownership.
  Too often, our communities are left looking for answers after 
horrific tragedies inflicted with dangerous firearms. A requirement to 
carry liability insurance is a market-based solution that would hold 
gun owners responsible for the risk their firearms present, and create 
incentives for responsible gun safety practices.
  The Firearm Risk Protection Act would harness the power of insurance 
markets to allow professional actuaries to determine the risk presented 
by each gun and gun owner. Just as with car insurance, higher-risk 
owners of firearms would face higher premiums, while responsible owners 
could qualify for reduced rates.
  As gun violence continues to inflict scars on American families and 
our communities, Congress should look for new ways to promote gun 
safety and prevent future tragedies. I hope my colleagues will join me 
to support this forward-thinking legislation.

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