New NFA Rules...???

[AJMD429]

A patient told me today that this summer there will be a new NFA rule on Class-III stuff - that local law enforcement permission isn't required, just that they be 'notified'. He said it is part of a tradeoff that makes the NFA-Trusts much more difficult. Anyone else hear of this...???

I did find this but haven't waded through it yet - https://www.federalregister.gov/article ... le-persons

[Sixgun]

Doc,
Yea. My son has a mess of that class 3 stuff and he telling me to "get that machine gun" before things change. Well, with the changes in the trust, he is more worried that it will be more difficult to be passed on to him. I look at class 3 machine guns as investments but at 61, there ain't a lot of time it to financially escalate.

I had and still have a chance to buy a NIB M-16 A2.....not an A1.....for about half the going price but I just don't see the need. Semi is good enough for me. The other night I was surrounded by cases of new transferable machine guns and was told to pick one out. Nope------6

I'll check later on this week Doc, and see what the exact details are.

[AJMD429]

Yeah, I don't have a NFA-Trust, because all I have are three suppressors, and 99.9% of our shooting is done on our property, and 90% of the suppressor use is me. However, it would be nice if the not-needing-permission thing is for "regular" NFA-owners as well as the NFA-Trust folks (that's the way it was explained to me). My local LEO's are pretty pro-gun, but in some jurisdictions I know folks can hardly ever get permission for a suppressor [ ].

I'd like to get a 22 LR can, and maybe someday a 45 caliber one, and 'SBR' my AR-pistol so I could put a stock on it (not that it needs one, but . . . they just look cooler with a stock [ ]. I don't think the new rules will affect those things much, but who knows...

[kaschi]

If I understand things correctly, beginning on 01 July 2016, CLEO signatures will not be required for Class III, but if a person chooses that route, fingerprints and photos will still be mandatory. For trusts, fingerprints and photos will be required as well. At this point that's all I've heard. I have some SBRs on Form 1s on my NFA Trust and have one in the pipeline now. My goal is to get more Form1s started before 01 July. I'll ask my NFA lawyer what other concerns there are regarding trusts.

[FWiedner]

Sounds like a new chapter in the continuing saga of our government doing what it can to to waste taxpayer money by solving problems that don't exist.

[92&94]

I've heard of it, but I'm not into class III stuff so haven't paid a whole lot of attention.

While I'd love to own a tommy gun or some such, the reality is that its just a hugely complicated and expensive way to go through tons of ammo with a machine that you bought for 100x what it would cost to produce. And you are participating in a registry.

The libertarian cheapskate sez no way!

[AJMD429]

I've heard of it, but I'm not into class III stuff so haven't paid a whole lot of attention.

While I'd love to own a tommy gun or some such, the reality is that its just a hugely complicated and expensive way to go through tons of ammo with a machine that you bought for 100x what it would cost to produce. And you are participating in a registry.

The libertarian cheapskate sez no way!

I would probably only get a full-auto or select-fire if it could also shoot 22 LR reliably (few can), due to the cost, but.....

....it is really nice to have suppressors, and I think a SBR would be even more handy than a 16" Rossi levergun...!

I do agree with the dislike for any type of 'registry', but I dislike the orange jumpsuit look more, and wanted suppressors, so had to give in...

[92&94]

I've heard of it, but I'm not into class III stuff so haven't paid a whole lot of attention.

While I'd love to own a tommy gun or some such, the reality is that its just a hugely complicated and expensive way to go through tons of ammo with a machine that you bought for 100x what it would cost to produce. And you are participating in a registry.

The libertarian cheapskate sez no way!

I would probably only get a full-auto or select-fire if it could also shoot 22 LR reliably (few can), due to the cost, but.....

....it is really nice to have suppressors, and I think a SBR would be even more handy than a 16" Rossi levergun...!

I do agree with the dislike for any type of 'registry', but I dislike the orange jumpsuit look more, and wanted suppressors, so had to give in...

Yessir, that is the choice you have to make. I came down on the other side of it and just enjoy my semi-autos. I used to think I would go for a .22lr machine gun and that would make it worth the registry - and then .22lr was unavailable for so long that I wised up!