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Nov. 9, 2016

LOS ANGELES ( — A gun and ammunition control initiative will become the law of the land in California, thanks to voters’ approval.

Proposition 63 will require most individuals to pass background checks and obtain Department of Justice authorization to purchase ammunition.

The measure will also prohibit the possession of large-capacity magazines.

Prop. 63 will require the following:

— Most ammunition sales to be made through licensed ammunition vendors and reported to the Department of Justice

— Lost or stolen firearms and ammunition will need to be reported to law enforcement

— Those convicted of stealing a firearm will be prohibited from possessing firearms

— Procedures will be established for laws prohibiting firearm possession by felons and violent criminals

— The Department of Justice will need to provide information about prohibited people to the federal National Instant Criminal Background Check System

Passage of the initiative will result in increased state costs in the tens of millions of dollars annually related to regulating ammunition sales, according to an analysis conducted by the Legislative Analyst’s Office and Department of Finance.

There will also be an increase in court and law enforcement costs, not likely to exceed the tens of millions of dollars annually.

These costs could be offset to some extent by fees authorized by the measure.

There will also be a potential increase in state and local correctional costs, not likely to exceed the low millions of dollars annually, related to new and increased penalties.

(©2016 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)