Assembly Bill A449 would establish a ten-day “cooling off” period before a federally licensed dealer could transfer a firearm after a transferee completes a Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) 4473 Form and passes a background check through the FBI’s National Instant Criminal Background Check System (NICS).
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As anti-gun as New York City is, I'm surprised the State hasn't had a 10 day waiting period for decades now.