https://www.justice.gov/opa/pr/justice-department-publishes-new-rule-update-definition-engaged-business-firearms-dealer
Justice Department Publishes New Rule to Update Definition of “Engaged in the Business” as a Firearms Dealer
https://thetexan.news/issues/second-amendment/justice-department-announces-rule-ending-private-firearm-sales-at-gun-shows-tightening-licensing-requirements/article_593e1ca6-f83f-11ee-804b-8f2e036347da.html
Justice Department Announces Rule Ending Private Firearm Sales At Gun Shows, Tightening Licensing Requirements
The proposed rule will prohibit private individuals from renting tables at gun shows and expand licensing and background check requirements.
Justice Department Publishes New Rule to Update Definition of “Engaged in the Business” as a Firearms Dealer
https://thetexan.news/issues/second-amendment/justice-department-announces-rule-ending-private-firearm-sales-at-gun-shows-tightening-licensing-requirements/article_593e1ca6-f83f-11ee-804b-8f2e036347da.html
Justice Department Announces Rule Ending Private Firearm Sales At Gun Shows, Tightening Licensing Requirements
The proposed rule will prohibit private individuals from renting tables at gun shows and expand licensing and background check requirements.
U.S. Attorney General Merrick Garland announced the publication of a new rule in the federal register, which after it becomes effective in 30 days will expand the circumstances wherein individuals need to obtain Federal Firearm Licenses (FFL) and perform background checks to sell guns.
The rule adds definitions to certain statutory terms enacted by Congress in the Safer Communities Act, legislation championed by Texas Sen. John Cornyn (R-Texas) that became law in 2022 and was billed as a solution to prevent mass shootings.
Under the proposed rule, private individuals will still be allowed to buy or sell a firearm without being a licensed dealer as long as they only make “occasional sales, exchanges, or purchases of firearms for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms.”
However, if a person represents to a prospective buyer that they can obtain more firearms for them to choose from, spends more than their reported taxable income on firearms, repeatedly sells firearms after owning them less than 30 days, creates records to track the profit and loss from firearm sales, rents a table at a gun show, and any combination additional elements, that individual is required to obtain an FFL and conduct background checks on the sales.