Chapter 140 of the General Laws is hereby amended by inserting after section 123 the following section:-

Section 123A. A person in possession of a firearm shall annually submit the firearm for inspection by the licensing authority issuing a license or permit for such possession. Firearm inspection shall include, but not be limited to, a live fire and a visual test at a location designated by the licensing authority. Upon passing an inspection, the licensing authority shall issue a certificate of inspection for each firearm. Firearm inspection certificates shall be renewed by the end of the month in which the certificate expires.

Upon the initial purchase, rental or lease of a firearm an inspection of the firearm pursuant to this section shall be completed within 10 days of the purchaser’s receipt of the firearm.

Every person in possession of a firearm licensed or permitted in the commonwealth shall carry a current firearm inspection document issued by the licensing authority pursuant to this section.

This section shall not apply to: (i) a firearm possessed by a state police officer pursuant to section 19 of chapter 22C; (ii) a firearm possessed by a city or town police officer as authorized by such police officer’s appointing authority pursuant to section 98 of chapter 41; or (iii) a firearm possessed by an authorized person pursuant to section 8A of chapter 147.