1. Purchase of retired handguns by Federal law enforcement officers
In general— A Federal law enforcement officer may purchase a retired handgun from the Federal agency that issued the handgun to such officer.
Limitations— A Federal law enforcement officer may purchase a retired handgun under subsection (a) if—
the purchase is made during the 6-month period beginning on the date the handgun was so retired; and
the officer is not prohibited from possessing or receiving the handgun under the laws of the United States or the laws of the State, territory, or possession of the United States in which the officer resides.
Cost— A handgun purchased under this section shall be sold at the fair market value for such handgun taking into account the age and condition of the handgun.
Policy guidance— The Administrator of the Government Services Administration shall develop policies to facilitate the sale and disposition of eligible handguns under this section consistent with section 922 of title 18, United States Code.
Definitions— In this section:
the term Federal law enforcement officer has the meaning given that term in section 115(c)(1) of title 18, United States Code;
the term handgun has the meaning given that term in section 921(a) of title 18, United States Code; and
the term retired handgun means any handgun that has been declared surplus by the applicable agency.