HR 127 establishes a federal firearms registration system that will be accessible by federal, state, and local governments, including the military – even the GENERAL PUBLIC! The system will track the make, model, and serial number of all firearms, their owners, the dates they were acquired, and where they are being stored.
So if your neighbor, a co-worker, or someone that just wanted to rob your home wanted to know how you were armed, all they would have to do would be to look it up in the firearms registration system.
This bill would also apply retroactively.
Within three months, you would have to report to the government where you bought all of your guns, when they were purchased, and where they are currently being stored.
Needless to say, if the government knows where all of your guns are being stored, it would make it that much easier to grab them from you at some future date.