I do not understand the inclusion of the word ‘UNIVERSAL’ with the idea of background checks.
I think it’s meant to convey that EVERY firearm transaction will/must be processed through “legal” processes. Whatever the heck that means. Basically if you want to show your neighbor your new firearm, you gotta go to an FFL and do a background check on them before your neighbor even touches it. Then before he gives it back to you, they have to do a background check on you.