Might want to look into this one!
Every five years the firearm owner must go through a complete renewal process for each weapon owned. Failure to comply carries stiff penalties including confiscation of the firearms and jail time (penalties as high as ten years imprisonment in some cases). The bill also authorizes government searches without warrant, the creation of a federal bureaucracy to monitor firearm possession, etc.
The following is a summary of the bill as provided by the Congressional Research Service. If you read the whole bill, you’ll find it will effectively preclude the ownership of any firearms by law-abiding people unless directly licensed by the Attorney General :
http://www.infowars.com/dems-use-%e2%80%9cstimulus%e2%80%9d-as-cover-for-more-gun-control/