Bill > S2449

This bill, the Federal Firearm Licensing Act, would amend federal law to require individuals to obtain a federal license in order to purchase or receive firearms. The bill establishes a federal system for issuing these licenses, which would involve a background check, safety training, and other requirements. The bill also prohibits the transfer of firearms to individuals without a valid license and requires firearm sellers to report transactions to the Attorney General. The bill provides exceptions for states that have a similar licensing process, and gives the Attorney General authority to promulgate regulations to carry out the law.