HR 5092 RDS
and blanket residency checks of prospective and actual 
firearms purchasers. 
(b) REPORT.—Not later than 1 year after the date 
of the enactment of this Act, the Inspector General of the 
Department of Justice shall submit to the Committee on 
the Judiciary of the House of Representatives and the 
Committee on the Judiciary of the Senate a written report 
that contains the findings of the review required by sub-
section (a), and includes such recommendations as may 
be appropriate. 
SEC. 7. LIMITATIONS ON USE OF FIREARMS PURCHASER 
INFORMATION. 
Section 923(g)(1)(D) of title 18, United States Code, 
is amended in the last sentence by inserting ‘‘, except that 
information identifying a person who has purchased or re-
ceived firearms or ammunition and who is not prohibited 
from doing so may not be so made available or so provided 
unless the agency involved has certified that the agency 
will not disclose the information to any entity other than 
a court, federal, State or local law enforcement agency, 
or prosecutor’’ before the period. 
VerDate Aug 31 2005 
02:37 Dec 13, 2006
Jkt 059200
PO 00000
Frm 00012
Fmt 6652
Sfmt 6201
E:\BILLS\H5092.RDS
H5092
hmoore on PROD1PC68 with HMBILLS
HR 5092 RDS
SEC. 8. LIQUIDATION OF INVENTORY IN FEDERAL FIRE-
ARMS LICENSE EXPIRATION, SURRENDER, OR 
REVOCATION CASES. 
Section 923 of title 18, United States Code, is 
amended by adding at the end the following: 
‘‘(m)(1) Except as provided in paragraph (2), a per-
son whose license issued under this chapter is expired, sur-
rendered, or revoked shall be afforded 60 days from the 
effective date of the expiration, surrender, or revocation 
to liquidate the firearms inventory of the person, which 
time may be extended upon a showing of reasonable cause. 
During such 60-day period (including any extension of the 
period), the license involved shall continue to be considered 
valid. 
‘‘(2) Paragraph (1) shall not apply with respect to 
a person if a United States District Court for the judicial 
district in which the person resides or in which the prin-
cipal place of business of the person subject to the license 
is located finds, by clear and convincing evidence, that the 
continued operation by the person of the business poses 
an immediate and grave threat to public safety.’’. 
SEC. 9. OPPORTUNITY TO CURE VIOLATIONS AFTER ACQUI-
SITION OF FIREARMS BUSINESS. 
Section 923 of title 18, United States Code, is further 
amended by adding at the end the following: 
VerDate Aug 31 2005 
02:37 Dec 13, 2006
Jkt 059200
PO 00000
Frm 00013
Fmt 6652
Sfmt 6201
E:\BILLS\H5092.RDS
H5092
hmoore on PROD1PC68 with HMBILLS
HR 5092 RDS
‘‘(n) If the Attorney General is made aware that a 
business licensed under this chapter has transferred to a 
surviving spouse or child of the licensee, to an executor, 
administrator, or other legal representative of a deceased 
licensee; or to a receiver or trustee in bankruptcy, or an 
assignee for benefit of creditors, and, before the transfer, 
or on the first inspection or examination by the Attorney 
General of the records of the licensee after the transfer, 
the licensee is found to be operating the business in viola-
tion of this chapter, the Attorney General— 
‘‘(1) shall notify the transferee of the violation 
by the transferor; and 
‘‘(2) shall not presume that the transferee is 
committing the violation.’’. 
SEC. 10. STANDARDS FOR CRIMINAL VIOLATIONS OF REC-
ORDKEEPING REQUIREMENTS. 
Section 922(m) of title 18, United States Code, is 
amended— 
(1) by striking ‘‘any false entry’’ and inserting 
‘‘a materially false entry’’; 
(2) by striking ‘‘appropriate entry’’ and insert-
ing ‘‘a materially significant entry’’; and 
(3) by striking ‘‘properly maintain’’ and insert-
ing ‘‘retain custody of’’. 
VerDate Aug 31 2005 
02:37 Dec 13, 2006
Jkt 059200
PO 00000
Frm 00014
Fmt 6652
Sfmt 6201
E:\BILLS\H5092.RDS
H5092
hmoore on PROD1PC68 with HMBILLS
HR 5092 RDS
SEC. 11. AUTHORITY TO COLLECT INFORMATION ON EX-
PLOSIVES STORED UNDER STATE LAW; REGU-
LATIONS GOVERNING STORAGE OF EXPLO-
SIVES MADE APPLICABLE TO STORAGE OF 
EXPLOSIVES 
BY 
AGENCIES 
OPERATING 
UNDER STATE LAW. 
(a) AUTHORITY TO COLLECT INFORMATION ON EX-
PLOSIVES STORED UNDER STATE LAW.— 
(1) IN
GENERAL.—Section 846 of title 18, 
United States Code, is amended by adding at the 
end the following: 
‘‘(c) Each agency operating under the law of any 
State or political subdivision thereof that stores or keeps 
explosive materials shall submit to the Attorney General, 
at such time as the Attorney General shall prescribe in 
regulations, a written report that specifies each location 
at which the agency stores or keeps explosive materials 
that have been shipped or transported in interstate or for-
eign commerce, and the types and amounts of such explo-
sive materials that are stored or kept at the location.’’. 
(2) REGULATIONS.—Within 6 months after the 
date of the enactment of this section, the Attorney 
General shall prescribe the regulations referred to in 
section 846(c) of title 18, United States Code. 
(b) REGULATIONS GOVERNING STORAGE OF EXPLO-
SIVES MADE APPLICABLE TO STORAGE OF EXPLOSIVES 
VerDate Aug 31 2005 
02:37 Dec 13, 2006
Jkt 059200
PO 00000
Frm 00015
Fmt 6652
Sfmt 6201
E:\BILLS\H5092.RDS
H5092
hmoore on PROD1PC68 with HMBILLS
HR 5092 RDS
BY AGENCIES OPERATING UNDER STATE LAW.—Subpart 
K of part 555 of subchapter C of chapter II of title 27, 
Code of Federal Regulations, shall apply with respect to 
the storage by agencies operating under the law of any 
State or political subdivision thereof of explosive materials 
that have been shipped or transported in interstate or for-
eign commerce. 
SEC. 12. EFFECTIVE DATE. 
This Act and the amendments made by this Act shall 
take effect at the end of the 180-day period that begins 
with the date of the enactment of this Act. 
Passed the House of Representatives September 26, 
2006. 
Attest: 
KAREN L. HAAS, 
Clerk. 
VerDate Aug 31 2005 
02:37 Dec 13, 2006
Jkt 059200
PO 00000
Frm 00016
Fmt 6652
Sfmt 6201
E:\BILLS\H5092.RDS
H5092
hmoore on PROD1PC68 with HMBILLS