Really should be written as "The Attorney General may not require a licensee to submit ongoing or periodic reporting of the sale or other disposition during any specified or indeterminate period of time of any number of rifles, shotguns, handguns or any other device over which the BATFE exercises over-sight. "
Yes, but current law requires report of multiple handgun purchases. So unless the intent is to repeal that requirement (which would be a good thing), the last part would not "fix" the perceived ambiguity.
Send lawyers, guns, and money...
(Formerly known as "Henry Bowman" on THR)