On January 4, the White House released a fact sheet that previews the way President Obama’s executive gun control will expand background checks to cover family and corporate trusts.
This is a an executive change to the structure in place under the National Firearms Act (NFA), which was passed in 1934.
According to the White House executive order preview, “ATF is finalizing a rule to require background checks for people trying to buy some of the most dangerous weapons and other items through a trust, corporation, or other legal entity.”
Breitbart News previously reported that this effort was in the works as part of Obama’s “Unified Agenda” and that the goal of it was to increase the paper trail on firearms. It is, for lack of a better phrase, a fishing expedition whereby the Obama administration hopes to find guns they did not know existed and create a record–including location and ownership information–for those guns going forward.
Breitbart News reported on June 1, 2015:
Rule RIN: 1140-AA43 [of the “Unified Agenda”] impacts trusts that hold firearms regulated under the National Firearms Act. The rule requires trusts, corporations or legal entities possessing the guns to produce a “responsible person” who can undergo a background for guns in probate, before they are passed to a descendant. This person would “complete a specified form” and “submit photographs and fingerprints” simply to hold the guns while the estate is settled.
The DOJ throws a bone to trusts by allowing the transfer to descendant to occur thereafter on a “tax-exempt status,” but that all happens after the government has been able to extend the paper trail for firearms transactions and owners just a bit further.
According to the White House executive order preview, this extension of background checks to family and corporate-held trusts is now under the auspices of Obama’s executive orders.
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