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In accordance with the Bipartisan Safer Communities Act (June 25, 2022) and E.O. 14092 (Reducing Gun Violence and Making Our Communities Safer), the Department of Justice proposes amending Bureau of Alcohol, Tobacco, Firearms, and Explosives regulations to clarify what it means for a person to be engaged in the business” of dealing in firearms, and to have the intent to predominantly earn a profit” from the sale or disposition of firearms.  The rule also would clarify the term dealer” and define the term responsible person.”  Consistent with the Gun Control Act and existing regulations, the proposed rule also would define the term personal collection” to clarify when persons are not engaged in the business” because they make only occasional sales, such as to enhance a personal collection, or for a hobby, or if the firearms they sell are all or part of a personal collection.  This rule further would address the lawful ways in which former licensees, and responsible persons acting on behalf of such licensees, may liquidate business inventory upon revocation or other termination of their license.  Finally, the proposed would clarify that a licensee transferring a firearm to another licensee would do so by following the verification and recordkeeping procedures in 27 CFR 478.94 and Subpart H, rather than by using a Firearms Transaction Record, ATF Form 4473.