Blair Holt Firearm Owner Licensing and Record of Sale Act of 2024

This bill would require individuals to obtain a federal license to possess certain firearms, including handguns and semiautomatic rifles that can accept detachable magazines holding more than 10 rounds. Applicants would need to undergo background checks, provide mental health evaluations if necessary, and report changes of address. The bill also establishes a federal record of sale system to track firearm transfers and imposes penalties for violations. It would affect most firearm owners, with exemptions for law enforcement, military personnel, and certain activities like hunting or training.