The bill enables federal law enforcement officers to purchase their retired firearms from the issuing agency, under certain conditions. The Administrator of General Services will create a program for this within a year of the Act's enactment. Officers in good standing may buy their retired firearms within six months of retirement, at salvage value. The bill defines key terms and includes provisions for eligibility and cost. If passed, the Act will impact federal law enforcement officers, their ability to purchase retired firearms, and the established purchase conditions.