The "SECURE Firearm Storage Act" aims to enhance safety by imposing new security requirements on federally licensed firearms importers, manufacturers, and dealers (FFLs). This legislation mandates specific protocols for securing firearms inventory and business records when an FFL's premises are not open for business, intending to reduce theft and diversion. Key provisions dictate that firearms must be secured either with a hardened steel rod through the trigger guard, anchored and protected from bolt cutters, or stored in a locked fireproof safe , gun cabinet, or vault. Paper records of inventory and transactions must also be kept in a secure location, such as a locked fireproof safe or vault, when the business is closed. The Attorney General is further authorized to prescribe additional security measures, including alarm systems, security cameras, and site hardening, to mitigate theft risks. Non-compliance with these new security standards will result in escalating penalties. A first violation incurs a civil penalty between $1,000 and $10,000, while a second violation leads to license suspension until the issue is resolved. A third violation mandates license revocation, with civil penalties also applicable for subsequent offenses. Furthermore, applicants for FFL licenses will be required to submit a detailed plan outlining how they intend to meet these security requirements, which the Attorney General must approve.