http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=111_cong_bills&docid=f:h45ih.txt.pdf

First bill introduced. Now all you liberals herd up and repeat after me. BBBAAAAAA!

Idiots!

You will have to carry a photo ID firearms license.
A training class is required to be licensed.
Disclosure of your storage method is required for license.
A thumb print is required for license.
Every sale recorded by the federal government.
If you move, and don't tell the Attorney General within 60 days, you are a criminal.
If a firearm is stolen and you don't report it, you are a criminal.
There will be no grandfathered firearms. If you do not obtain a license and report every firearm you currently own, you are a criminal.
There will be a license fee and a fee for the "services" provided at purchase time.
Licenses must be renewed every 5 years.