This video discusses two significant updates from the ATF concerning National Firearms Act (NFA) items. Firstly, approximately 4,000 machine guns imported for police agencies prior to 1986, previously misclassified as dealer samples, are now being reclassified as fully transferable. Secondly, the ATF has drastically reduced processing times for Form 4 transfers to individuals (using eForms with digital fingerprints and electronic tax payment) to one week or less, a substantial improvement from the previous 9-month wait. While not a full repeal, these are welcomed incremental improvements for NFA item ownership.
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