The bill wants to make sure people are safe by checking who buys guns and keeping better records of gun sales. It will do this by requiring a license to buy a gun, which involves passing some tests, and by having rules about reporting if a gun is lost or stolen.

This bill wants to make sure people have a special license to buy certain kinds of guns and keep track of who buys them, kind of like a library card for books, but for guns. It also has some parts that might feel unfair to some people and doesn't say clearly where the money will come from to keep this system running.

Imagine someone who has a license to sell toys, but sometimes they forget to follow the rules. H.R. 7471 is like giving them a chance to fix their mistakes instead of getting their toy store shut down right away, and they even get extra help to make sure they don't make the same mistakes again.