I'm betting that additional records will be added to background checks, additional disqualifiers will be added, a permanent database (like the one they are using and are not supposed to have) of gun owners will be established, and that the "private seller loophole" at gun shows will be "closed". Say good-bye to private transactions...
I smell the stench of "bi-partisan compromise" all over this bill.
I smell it too. The odds of a "clean" bill are insignificant, and such a bill would likely be vetoed by Bam-Bam.
It WOULD be upsetting to DC, which currently bans firearms by the simple expedient of not having any licensed FFLs in DC. The residents of DC deserve their own bill, which simply says that residents of DC are allowed to buy in neighboring states.