At least NFA wait times will drop considerably.
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At least NFA wait times will drop considerably.
Why do the loudest do the least?
http://www.guns.com/2014/09/18/suppr...ing-mainstream
I stumbled upon this nice article, I didn't even realize so many states were going "shall issue/certify" regarding CLEO signatures, I hope we in the gunshine state can make this a reality soon...
"In addition to this, a number of states are streamlining the Chief Law Enforcement Officer signature requirement on suppressor transfers to individuals by requiring these law enforcement officers to process applications through a new breed of “shall sign” or “shall certify” legislation. This year alone, lawmakers in Utah, Kentucky, Kansas and Arizona passed legislation that mandates CLEOs to approve paperwork within a limited period of time, unless the applicant is found to be a prohibited person, such as a felon, mental defective, minor or domestic abuser. This removes the possibility for law enforcement chiefs to approve or deny suppressor applications for arbitrary reasons.
Lawmakers, in fact, approved so much of shall-sign legislation that when Oklahoma Gov. Mary Fallin vetoed such a bill in May, the state legislature overrode it within just 10 days."
Can someone please explain to me what this is all about?? Thank you
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One of the main advantages of buying NFA items as an entity (trust/corp) was the fact there was no requirement to get CLEO signature. In a lot of areas, no CLEO was willing to sign, usually due to political pressure, so an entity was the way to go.
In addition, since the entity is not a person, you also weren't required to file fingerprints and photos.
There is pending legislation known as 41P that changes all that, and makes it even worse. It's not just the individual that would need sig/prints/photos, but every single "responsibile party" in the entity.
It was originally set for June 2014, and is currently looking more like 1Q15 for anything to happen. Nobody knows if, or when it will be enacted, or what the final wording will be. The draft document at the beginning of this is an example of what the outcome may require.
Everyone thank you for good exploration. :0)
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Take that 'Paperwork Reduction Act of 1995'. Make me print front and back. Now I get to kill two times the trees by sending more paper! Muahahahahaha!
BigWaylon or anyone else
Does anyone know if you will be grandfathered in if you formed a trust before it is enacted? Maybe a reason to get things done fast on my end.
I don't "know" exactly, but there are a lot of guesses out there.
First off, I think I know what your question is, but don't think it's phrased correctly.
-I do think items bought before 41P goes in effect will be grandfathered (I think this is your question)
-I do not think that trusts created before 41P will be grandfathered in for future purposes (that's how I read your question)
The big gray area is around forms submitted, but not approved. Is the ATF going to allow anything that's postmarked (or eFiled) before a certain to go through? What if an error is made and it has to be sent back? Anything with a Pending date before the set date good to go? There could be a lot of refunds going out if they try to deny all application that are in the pipeline at that point. Who really knows?
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