This week, U.S. Rep. Mike Thompson (D-Calif.) introduced HR8. According to the title, the bill is "To require a background check for every firearm sale." The bill does that--and a great deal more.
HR8 requires that loans, gifts, and sales of firearms be processed by a gun store. The same fees, paperwork, and permanent record-keeping apply as to buying a new gun from the store. If you loan a gun to a friend without going to the gun store, the penalty is the same as for knowingly selling a gun to a convicted violent felon. Likewise, when the friend returns the gun, another trip to the gun store is necessary, upon pain of felony.
Read the complete article: Reason.com