A resolution disapproving proposed regulations of the Department of the Treasury requiring centralized governmental registration of firearms.

Declares that: (1) the Department of the Treasury does not possess authority to retain on file, in excess of the minimum time necessary to complete a request for trace of a firearm, any of the information currently required by law to be reported at the time of purchase and recorded on Bureau of Alcohol, Tobacco, and Firearms Form 4473; (2) the Department has no authority to require submission of Form 4473 information except as presently permitted by law; and (3) the Department must seek explicit congressional authorization before proposing any rules or regulations for centralizing records required under existing Federal firearms laws.