There is troubling language in Section 5 on Background Checks at the end of the bill.
(t)(1) requires all transfers of grandfathered weapons to go through FFLs. Transfers to family members are not excluded.
(t)(2) provides an exclusion for "a temporary transfer of possession for the purpose of participating in target shooting in a licensed target facility or established range" but does not define the terms for those locations.
(t)(3) partially defines the term 'transfer' as: "(A) shall include a sale, gift, or loan; and (B) does not include temporary custody of the grandfathered semiautomatic assault weapon for purposes of examination or evaluation by a prospective transferee."
The concept of requiring background checks for temporary transfers of possession is very disturbing, particularly when there is even a special exception for holding a gun you are considering buying.