Requiring the commissioner of public safety to establish a computerized central reporting system and maintain a database of firearm transfers to track the sales of pistols and semiautomatic military style assault weapons, requiring rules to establish a procedure for use and the database to indicate purchases within a certain time period; prohibiting the transfer of more than one pistol or semiautomatic military style assault weapon within a certain time period, exceptions, imposing a criminal penalty for violation;, authorizing application to local law enforcement agencies for an exception to the prohibition under certain stolen or lost firearms conditions, requiring the commissioner to develop a standard application form for distribution to local law enforcement agencies; imposing a felony penalty for gun trafficking; requiring the reporting of stolen or lost pistols or semiautomatic military style assault weapons to local law enforcement agencies, time limit, criminal penalty for failure to report; requiring police chiefs or sheriffs to report stolen or lost firearms to the commissioner within a certain number of days of receiving a report; creating a rebuttable presumption of original gun owner unlawful transfer of unreported stolen or lost weapons used in a crime or seized from an ineligible person; increasing the penalties for unlawful transfers (rla)