Action
Revision of a previously approved collection
Purpose
The Demand 2 Program requires Federal Firearm Licensee’s (FFL’s) with 25 or more traces with a time to crime of 3 years or less in a calendar year, to submit an annual report followed by quarterly reports of used firearms acquired by the FFL. Due to the increase in Type 07 FFLs meeting Demand 2 criteria and their low or non- existent manufacturing activity, as well as the likelihood that some may turn to a Type 08 license to deal and avoid reporting requirement if Type 08 is not subjected to Demand 2, (IC) OMB # 1140–0024 is being revised to now include Type 07 and 08 FFLs as a population that is subject to the reporting requirements of the Demand 2 program.
Release Date
Link to Official Document
