To amend chapter 44 of title 18, United States Code, to increase certain firearm license application fees and require the immediate suspension of the license of a firearm licensee upon conviction of a violation of that chapter, and for other purposes.

Amends the Federal criminal code to increase firearm license application fees.

Requires: (1) all firearm licenses issued under Federal firearms provisions to be suspended immediately upon a licensee's conviction of violating specified firearms-related provisions under the Federal criminal code, the Internal Revenue Code (IRC), or the Arms Export Control Act (AECA) and to remain suspended until all direct appeals are exhausted; and (2) all such licenses to be automatically revoked if the conviction is upheld on final direct appeal.

Sets penalties for knowing falsification of records by licensees.

Requires firearm licensees to comply with provisions of the IRC and AECA relating to firearms.