Does anyone have a good grasp of the rule changes?
I was dropping off my form 4 at the LGS today and the counter man casually mentioned that the LEO sign-off for individuals was going away. I tried a Google search and came up with very little that was recent and relevant. What I did find was this:
http://blog.princelaw.com/2016/01/05/411-on-the-final-rule-in-relation-to-atf-41p/
Three things jumped out at me. When the rule takes effect this summer...
Suppressors and SBRs are not coming off the NFA and the $200 tax still applies.
Did anyone read it or hear differently?
I was dropping off my form 4 at the LGS today and the counter man casually mentioned that the LEO sign-off for individuals was going away. I tried a Google search and came up with very little that was recent and relevant. What I did find was this:
http://blog.princelaw.com/2016/01/05/411-on-the-final-rule-in-relation-to-atf-41p/
Three things jumped out at me. When the rule takes effect this summer...
- For individuals, the LEO sign-off will become a LEO notification.
- For Trusts, fingerprints and photos will be required, as will a LEO notification.
- For both, if a subsequent form 1 or 4 is done within 24 months of the last set of fingerprints and photos, no new prints and photos will be required.
Suppressors and SBRs are not coming off the NFA and the $200 tax still applies.
Did anyone read it or hear differently?