Firearm waiting periods are antiquated laws that were originally justified to give time for law enforcement to complete a background check before a firearm is transferred. Since the National Instant Criminal Background Checks System went online in 1998, completing a background check can no longer be used to justify a waiting period.
Multiple studies of waiting period laws have failed to show any effect of the law on crime or suicide rates. In fact, some studies have shown an increase in firearm-related crime associated with waiting periods.
Waiting period laws only punish the law-abiding, especially those in rural areas who, under a waiting period law, must make two trips to a firearm dealer to acquire a single firearm.
Waiting periods make gun shows a practical impossibility because the three day wait will extend past the period of the show making any firearm transfers at the show impossible.
Established in 1975, the Institute for Legislative Action (ILA) is the "lobbying" arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution.