Originally posted by: compman25
Originally posted by: adairusmc
Originally posted by: compman25
Originally posted by: lupi
Originally posted by: compman25
Originally posted by: lupi
I'd like to get a class IV permit but everything I've heard about the process says $$$$$$$.
What is a class IV permit?
automatic weapon license.
That's wierd, I owned an M16-a1 in the 90's, the only expensive thing was the gun, the goverment only got $200 from me and I didn't need any permit. The $200 was the tax stamp. It did take about a year though to get the gun into my hands from the time I bought it.
They are mistaken, they do not need a license to own one. You only need the license to manufacture NFA restricted devices, and to sell NFA items.
As you know, all you have to do is fill out the Form 4 and pay the gov their $200, and wait. The waiting time lately (for me anyways) has been about six weeks from when I send the completed paperwork in.
I have an M-16 lower myself, and I absolutely love it. Well worth the cash.
That was my experience, except in 92 it took almost a full year. I was very worried I paid for something I may not ever get. After that though I've got to say it was well worth it and a lot of fun. I wish I hadn't sold it when I decided to start my own business and needed cash.
Yup, Bush I and Clinton were NOT RKBA supporters. The process was very slow intentionally. Now that the NFA Registry is a seperate branch, Title 2 weapons are much, MUCH faster to transfer.
Everyone should disregard any "advice" that lupi gives. God only knows what a "class IV license" is.
But the basic rundown is:
National Firearms Act of 1934: Also known as NFA. This is the act that established Title I and Title II weapons, and established a registry of Title II weapons. It also established a $200 tax for every transfer of Title II weapons to non-firearms dealers.
Title I Weapon: Handguns, shotguns, semi-automatic rifles, basically your every day run of the mill firearm.
Title II Weapon: Supressors, fully automatic weapons, short barelled rifles (less than 16 inches), short barelled shotguns (less than 16 inches), destructive devices (grenades, grenade launchers, weapons greater than .50 caliber), Any Other Weapon (cell phone guns, pen guns, pistols with forward grips, miscellaneous other firearms.)
Federal Firearms Dealer: Also known as an FFL. Someone licensed to sell guns. They are generally not subject to any transfer fees.
Special Occupation Tax 3 Federal Firearms Dealer: Also known as an SOT3 FFL. A special kind of dealer authorized to deal in Title II weapons. Not only can an SOT3 dealer transfer and have transfered to them Title II weapons without a tax stamp, they can obtain brand new fully automatic weapons if a police agency demonstrates an interest in them. SOT3 is an additional $1000 per year to the Feds.
Machine gun: A fully automatic weapon. That is, a weapon which can fire more than one round with only one manipulation of the trigger. The NFA Registry was CLOSED to new machine guns in 1986. That is to say, there are no legally owned post-1986 machine guns in personal ownership. That's why machine guns are so expensive, because the supply has been cut off. Police departments can still obtain new fully automatic weapons through an SOT3 FFL, but police officers cannot
own anything more than anyone else.
Hopefully that will educate some of you about one of the most rumor filled bits of firearm ownership. Feel free to ask further questions, as all of that was just off the top of my head at 2am.