Brought to you in part by "A"-rated Kirsten Gillibrand!
And if this works, we'll be back!
[Via W-3]
UPDATE: Analysis from Joe via Skip (and yeah, I've corresponded with both these guys for years):
This is essentially the old McCain-Lieberman gun show bill from eight years ago (S.890), in slightly lighter form.
"Gun show promoters" must register with the Attorney General and maintain a register with the signature and identifying data of all "vendors." (carefully examine the definition of vendor.)
"Vendor" is ANYONE who offers for sale/trade/etc a gun at a gun show, whether the person has a fixed location (e.g. table holder) or not (e.g. a guy walking around the show with a firearm for sale/trade).
The requirement for an FFL-conducted background check (NICS check) apply "if any part of a firearm transaction takes place at a gun show." For example, you see a gun you like, offered by a private seller (non-FFL), but you don't agree on a price. Later in the week you call the guy and make another offer. THAT transfer must be done through an FFL. This could be stretched to include just SEEING a gun offered for sale, because the initial contact was at a gun show.
FFLs, in addition to the existing paperwork requirements (new forms as specified by the AG, and a new "bound book"), must report to the Attorney General within 10 days, all transactions processed at a gun show. Unlike a storefront FFL, who must simply maintain the records for examination by competent authority, gun show transfer data must be sent to the AG.
Federal felony penalties apply to any violation, procedural or otherwise.