Now we know…

The rest of the story… On how badly BO’s executive orders on gun changes are…

The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) is moving forward with more gun restrictions under President Obama’s new executive action. The ATF’s latest regulations would affect trusts and legal entities seeking to make or transfer a firearm.

The new rules would define who is the “responsible person” at these organizations that must comply with background check requirements. The current regulations target individuals who apply for guns. But the new rules would expand these regulations to an estimated 231,658 “responsible persons” at these trusts and legal entities. The ATF estimates the rule could cost industry as much as $29 million each year to comply with.

Such trusts have typically been used by collectors, to reduce NFA processing time. This rule change does replace the requirement for prior endorsement by a jurisdiction’s Chief Law Enforcement Officer for transfers to individuals with one for the CLEO to be notified of all NFA transfers.)

The FEDREG link is HERE. The official title is: Machineguns, Destructive Devices and Certain Other Firearms; Background Checks for Responsible PErsons of a Trust or LEgal Entity With Respect To Making or Transferring a Firearm.

It’s read it and weep time… Pretty much obviates most of the existing trusts. I’m having mine re-written to bring it more in line (if possible) with the new rules.

Comments

Now we know… — 12 Comments

  1. Bad news. That the FINAL notice. The Notice of Proposed Rulemaking (NPRM) was issued back in September of 2013. The comment period is over. The new rule is now in place. I’ve always said that this is the way Obama will get us. The average person does not have time to read the Federal Register for notices of things that that will affect them. There is no debate or legislative oversight on these rule makings and no publicity. Your vote does not matter when it comes to this because these rules are being made by career government employees.

    • I know I commented way back then, for all the good it did me.

      I also notice that I did not get the mandated reply to my comment before the final notice and posting in the Federal Register.

      I wonder if that’s a hook that can be used to kill it.

  2. It’s sad to see TRUST and GOVERNMENT in the same story and cringe, involuntarily…

    gfa

  3. The rise of the Obamanation was one key reason that I left my work in government and struck out on my own. Trust vanished like morning frost on a hot day.

    It will take a new president to strike down the executive orders, and perhaps just get rid of ATF all together. For now, it’s another year of Barack and his flying circus.

  4. My understanding was that if you are not doing any new transactions under your trust, you should be fine – that the NCIC check will only be required when doing transfers from this point forward. Am I missing something in that?

  5. PE- Concur. We’re a day late and a dollar short on this one.

    gfa- True dat… sigh

    LL/Rev- Understood and agreed!

    Sean- Check your email. IMHO, it’s a catch-22. If (and I’m sure most people will) you purchase anything else after the 180 days, it becomes and issue for beneficiaries that may not be listed on the original trust.

  6. It just underscores that we absolutely have to stop getting merely not-antigun presidents and get one who is actually pro-gun.

    Then we might see whole categories of NFA changed to everyday Title 1.

    I am sorely sick of knowing that I own more guns than the last three “pro-gun” presidents combined.

  7. McT- I don’t think ANY of us got a reply… Sigh… And I hear you on the owning more guns… dammit…

  8. This administration has indicated how laws we don’t agree with are to be handled.
    They’ve made scofflaws of us all.