WASHINGTON, May 8 -- Bureau of Alcohol, Tobacco, Firearms, and Explosives has issued a proposed rule called: Revising Firearms Transaction Record, "Form 4473".

The proposed rule was published in the Federal Register on May 8 by Robert Cekada, Director.

Summary: The Bureau of Alcohol, Tobacco, Firearms, and Explosives ("ATF") is proposing to amend Department of Justice ("Department") regulations governing ATF Form 5300.9, Firearms Transaction Record, ("Form 4473"). Specifically, ATF proposes streamlining identity and residence verification requirements and documents; doubling the performance timeframe for transactions under Form 4473 following a National Instant Criminal Background Check System ("NICS") check; permitting electronic forms a...