[Congressional Record (Bound Edition), Volume 163 (2017), Part 4]
[Extensions of Remarks]
[Pages 4754-4755]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      FIREARM RISK PROTECTION ACT

                                  _____
                                 

                        HON. CAROLYN B. MALONEY

                              of new york

                    in the house of representatives

                        Thursday, March 23, 2017

  Mrs. CAROLYN B. MALONEY of New York. Mr. Speaker, I rise today to 
reintroduce the Firearm Risk Protection Act, innovative legislation to 
promote safe gun ownership I first introduced in 2013.
  Too often, our communities are left looking for answers after 
horrific tragedies inflicted with dangerous firearms. Every day, 48 
children and teens die from gun violence, and too often because of 
preventable accidents.
  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 or

[[Page 4755]]

firearms would face higher premiums, while responsible owners could 
qualify for reduced rates.
  As gun violence continues to claim lives across the country, 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.

                          ____________________