Steve in PA- I must have been thinking of a similar law proposed elsewhere then. I recall there being one from somewhere that said it had to be reported withing 24hrs of discovery, or it was a crime. Thought it was PA, but apparently not. That was my only beef with the proposal really. And even then, here's only 1 real reason I can think of where it would be an issue. That being, in the example you gave, lets say they guy wanted to, and reasonably believed he could, get the guns back quickly and safely from the druggie son without involving the cops and getting the son arrested.I personally feel he should have that right. I just don't like the govt FORCING someone to report a crime that only effect THEMSELVES if they choose not to for some REASONABLE (like my example above) reason.Otherwise, I don't think the law is a bad idea, as I'm willing to bet a lot of people making straw purchases and/or dealing guns illegally likely did/do use the "they were stolen" excuse to get away with it.Except in the example I gave, or those using the excuse to sell guns to criminals, I cant imgine it being an issue anyway, as anyone else would almost certainy report it on thier own to get thier guns back, an help keep them from being used in a crime.I sure know I'D report it ASAP, as i'd want my guns back, and the dirtaball that took them arrested.