Handgun Licensing and Record of Sale Act of 2001

[AI summary unavailable — showing source text] Handgun Licensing and Record of Sale Act of 2001 - Amends the Brady Handgun Violence Prevention Act to prohibit persons other than a licensed importer, manufacturer, dealer, or collector (licensee) from possessing a handgun unless such person has been issued a handgun license under this Act or pursuant to a certified State handgun licensing and record of sale system. Provides criminal penalties for the unauthorized sale or transfer of a handgun. Directs the Secretary of the Treasury to establish and maintain a Federal handgun record of sale system. Declares to be unlawful the: (1) unauthorized sale, delivery, or transfer of a handgun to any person other than a licensee, with an exception; (2) failure to maintain or permit inspection of records; (3) failure to report loss or theft of a firearm; and (4) failure to provide notice of a licensee change of address. Outlines provisions for the prevention of child access to firearms and their ammunition. Provides criminal penalties for violations of requirements under this Act. Requires the Secretary to establish and maintain a firearm injury information clearinghouse, to conduct continuing studies and investigations of firearms-related de…