The measure would provide for the regulation of firearms transfers at firearms events at which 75 or more firearms are offered or exhibited for sale, exchange, or transfer if one or more of the firearms have been shipped or transported in, or otherwise affects, interstate or foreign commerce. Excluded would be exhibits of firearms by an individual, from that individual's personal collection, at that individual's private residence, if the individual is not required to be licensed. Also excluded are events conducted and attended by permanent or annual dues paying members of private, not-for-profit organizations whose primary purpose is owning and maintaining real property for hunting activities. ^[1] The bill would prohibit any person from operating a special firearms event without notifying the Attorney General. It would also set forth the responsibilities of special firearms events operators and of firearms licensees and transferors other than licensees at such events, including criminal background checks, special firearms event license applications and penalties for violation of this Act. If enacted, the law would authorize a state to apply to the Attorney General for certification of the 24-hour verification authority of that state with respect to criminal background checks. It would increase penalties for serious record keeping violations criminal background check violations by licencees. ^[2]