One gun limit and federal ownership registry buried in the Booker Federal Firearm Licensing Act - all transfers must be reported to DOJ within 3 days (link to bill text)

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One gun limit and federal ownership registry buried in the Booker Federal Firearm Licensing Act - all transfers must be reported to DOJ within 3 days (link to bill text) (www.booker.senate.gov)

‘‘(D) each license issued under this section shall be valid for the purchase of a single firearm, ..."

‘‘(c) RECORDKEEPING .—It shall be unlawful for any individual to sell or otherwise dispose of a firearm to a person unless the individual reports the transaction to the Attorney General not later than 3 business days after the date on which the firearm is sold or transferred, which shall include identifying information on the firearm seller and on the firearm transferee, ..."

No provision included in the bill for purchasing another if you sell the first one.

‘‘(D) each license issued under this section shall be valid for the purchase of a single firearm, ..." ‘‘(c) RECORDKEEPING .—It shall be unlawful for any individual to sell or otherwise dispose of a firearm to a person unless the individual reports the transaction to the Attorney General not later than 3 business days after the date on which the firearm is sold or transferred, which shall include identifying information on the firearm seller and on the firearm transferee, ..." No provision included in the bill for purchasing another if you sell the first one.