I keep contemplating how not to comply with this bill if it gets passed. I mostly have long guns. When mr. agent shows up, I'll just have to confess that I sold them all through private transactions, which don't require any records being kept, as far as I know. Handguns, NFA weapons, cans, etc. would have to be legally transferred and tracked. I presently lack all of those, except for an 1860 army revolver replica. Crude, but effective.
At the risk of having another comment "cleaned up", what'll you do when the agent then asks you to list all the guns you used to own? They'll hang you from a higher tree branch if you lie to them and they find out.
Woody