Want to know more about getting your FFL? With the new president and his administration coming into office, now might be the time to complete your Federal Firearms License Application before changes are made. It is likely that there will be restrictions on FFL ownership coming in the near future.
The Gun Control Act (18 U.S.C. sec. 923(d)) empowers the Bureau of Alcohol, Tobacco and Firearms the ability to regulate businesses engaging in firearms sales and service and sets out the federal firearms license requirements. Holding an FFL to engage in certain such activities has been a legal requirement within the United States of America since the enactment of the Gun Control Act in 1968.
So What is an FFL License & What Will it Do For Me?
It is an abbreviation of Federal Firearms License.It's a license that permits corporations and individuals to sell firearms.
With a Federal Firearms License, you have access to wholesale prices for firearms. Usually the savings on firearms purchases will more than offset the cost of the license. As an example, most wholesalers sell firearms at roughly 30% less than retail. That 30% discount will probably translate to at least $150 to $200 in savings.
Is It tough to Get It? Maybe. If you attempt to do it on your own it's possible but make one mistake and it may cause long delays including the refusal of your claim. If you get assistance from a kit to help from a reliable supplier, the method isn't hard. If you want some additional advice on completing your federal firearms license application, there are many resources available.
Who Manages The License? The ATF ( Bureau of Alcohol, Tobacco and Firearms ) is in charge of controlling Fed Firearms Licensees'. The ATF is empowered according to the Gun Control Act ( eighteen USC Sec 923 ( d ) ). How Does A Kit Help Me? A kit will help you make the Fed. Firearms License Application a lot simpler.
Before you buy a kit, make sure it's being sold by a honest to goodness Fed. Firearms license holder. There are many kits that didn't appear to be they knew what they were chatting about. Why Is There A Rush To Get The Firearms Licenses? Dependent on who you ask, some people assume the new administration might could seek to stop the FFL license process. Once again, nobody knows for sure but if you have considered getting your FFL -- now may be the time to do it.
The processing of the Federal Firearms License application is handled by the Bureau of Alcohol, Tobacco, Firearms, and Explosives (BATF).
The BATF doesn't provide a guarantee for how long it will take to process your application. It is usually approved no earlier than 6 weeks, but often will take up to 12 weeks. One thing is certain though, in that dealing with the federal government, they are known for kicking out any ffl license application that isn't completed exactly as required.
