Prevent people from firing too fast?

local tool = script.Parent
local player = game:GetService("Players").LocalPlayer
local reloadtime = 1 --Change this to be what you want to time the player has to wait to shoot after he shot, in seconds.

local debounce = false

tool.Equipped:connect(function(mouse)
    print("Gun equipped")
        mouse.Button1Down:connect(function()    
        if debounce == false then
            debounce = true    
                print("Mouse pressed")

                local ray = Ray.new(tool.Barrel.CFrame.p, (mouse.Hit.p - tool.Barrel.CFrame.p).unit * 150)
                local part, position = workspace:FindPartOnRay(ray, player.Character, false, true)

                local beam = Instance.new("Part", workspace)
                beam.BrickColor = BrickColor.new("Bright yellow")
                beam.FormFactor = "Custom"
                beam.Material = "Neon"
                beam.Transparency = 0.25
                beam.Anchored = true
                beam.Locked = true
                beam.CanCollide = false

                local distance = (tool.Barrel.CFrame.p - position).magnitude
                beam.Size = Vector3.new(0.1, 0.1, distance)
                beam.CFrame = CFrame.new(tool.Barrel.CFrame.p, position) * CFrame.new(0, 0, - distance / 2)

                game:GetService("Debris"):AddItem(beam, 0.05)

                if part then
                    local humanoid = part.Parent:FindFirstChild("Humanoid")

                    if not humanoid then
                        humanoid = part.Parent.Parent:FindFirstChild("Humanoid")
                    end

                    if humanoid then
                        humanoid:TakeDamage(17)
                    end
                end
            wait(reloadtime)
            debounce = false
        end
    end)
end)