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The federal firearms license was established to and implement the Gun Control Act of 1968.The 1968 act was an update or revision of the Federal Firearms Act of 1938 (FFA), which required all manufacturers and dealers of firearms who ship or receive firearms or ammunition in interstate or foreign commerce to have a license, and forbade them from transferring any firearm or most ammunition to ...
A Firearms Transaction Record, or ATF Form 4473, is a seven-page form prescribed by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) required to be completed when a person proposes to purchase a firearm from a Federal Firearms License (FFL) holder, such as a gun dealer.
In 1993, Congress enacted the Brady Handgun Violence Prevention Act, amending the Gun Control Act of 1968."The Brady Law", which went into effect in 1994, instituted federal background checks on all firearm purchasers who buy from a dealer who has a federal firearms license (FFL).
WASHINGTON (Reuters) -A rule requiring gun dealers to obtain federal licenses and conduct background checks regardless of where they sell guns has been finalized and will soon go into effect, the ...
Rep. Jamie Raskin (D-Md.) has introduced legislation aimed at preventing “bad-apple gun dealers” from being involved in federal contracts. The gun safety bill, titled the Clean Firearm ...
Jun. 1—A federally licensed firearms dealer was sentenced to four years in federal prison for selling guns to unlicensed dealers for resale, announced U.S. Attorney for the Northern District of ...
The Federal Firearms Act of 1938 (FFA) imposed a federal license requirement on gun manufacturers, importers, and persons in the business of selling firearms. The term federal firearms licensee (FFL) is used to refer to those on whom the license requirement is imposed. [1] The "FFL" abbreviation is also used to refer to the license itself. [2]
Special Occupational Taxpayers are a group of Federal Firearm Licensees in the United States who manufacture, import and/or transfer NFA weapons. [1] The National Firearms Act Special Occupational Taxpayer class is part of the Internal Revenue Code of 1986.