Over the past few years, much talk has been tossed around about legislation that would prevent an individual from possessing more than a certain amount of ammo, powder, primers, etc. I've also heard of legislation requiring an "arsenal license" to possess these materials. I think these rumors you've heard are a result of these discussions.
As far as I know, every time this type of legislation has been proposed (at least on a national level), it has been killed. Let's work to keep it that way.
Anyone else have any more info? Please share.
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