1. Short title This Act may be cited as the Fighting Irrational Regulatory Enforcement to Avert Retailers' Misfortune Act or the FIREARM Act . 2. Firearm licensing revocations and denials (a) Self-Reported violations; opportunity To correct violations Section 923(e) of title 18, United States Code, is amended— (1) by inserting (1) after (e) ; and (2) by adding at the end the following: (2) (A) The Attorney General may not bring an enforcement action to revoke, or deny a renewal of, a license for a violation of any provision of this chapter or any implementing regulation thereof on the basis of a self-reported violation. (B) In the case of a self-reported violation, the Attorney General shall— (i) assist the licensee to correct the self-reported violation; and (ii) provide the licensee with instructions and compliance training designed to assist the licensee in avoiding repetition of the self-reported violation in the future. (3) (A) Before initiating an enforcement action under this subsection, the Attorney General shall provide the licensee with actual notice of the violation giving rise to the enforcement action, which shall include, at a minimum— (i) a detailed explanation of the substance of the violation; (ii) all evidence or documentation in the possession of the Attorney General regarding the enforcement action; and (iii) a statement that the Attorney General will not initiate the enforcement action if the licensee corrects the violation by the date that is 30 business days after the date on which the licensee receives the notice. (B) The Attorney General may bring an enforcement action under this subsection against a licensee described in subparagraph (A) if— (i) 30 business days have elapsed since the date on which the licensee received the notice of the violation required under that subparagraph