The Default Proceed Sale Transparency Act aims to enhance the national instant criminal background check system for firearm transfers by licensed importers, manufacturers, and dealers. It mandates that if a gun is transferred before completing a background check, the seller...
Simple Explanation
The Default Proceed Sale Transparency Act is a new rule that makes sure when someone buys a gun, and the background check isn't finished yet, the seller has to tell the FBI about it really quickly. It also makes the rules clearer and wants yearly updates on how many guns were sold like this.