An Act Fixing The Validity Period Of The License To Own And Possess, Permit To Carry Outside Of Residence Or Place Of Business And Registration Of Firearms, Amending For The Purpose Sections 7 And 19 Of Republic Act No. 10591, Otherwise Known As The “Comprehensive Firearms And Ammunition Regulation Act”

• This bill seeks to fix the period of validity of license to own and possess firearms (LTOPF) and permit to carry firearms outside of residence (PTCFOR) or place of business from two (2) years and one (1) year respectively to four (4) years by amending Sections 7 and 19 of R.A. 10591. The LTOPF and PTCFOR validity is intended to be aligned with the four-year validity of the registration of firearms, of which the reckoning point is the birthdate of the applicant or licensee.