A local gun shop owner who deals in Class III items told me recently that the word in the industry has it that June is the cut off date, so get anything you want bought before then. And it's quite possible that any existing trusts will not be 'grandfathered' on the new 'treat the applicant like a sex offender' rules, ex-post facto laws be damned.
Anyone have any additional input on this? Comments welcome!
This is all pure strawman arguments. It's not about machine guns and it's not about trusts. When was the last time they added a transferable machine gun to the registry? 1986? It's about people being able to use a trust to avoid getting Chief LEO approval for all NFA devices. In many areas of the country, like California where, believe it or not AOWs are legal, no urban CLEO will even accept the application let alone sign it. Eliminating the trust option is all about instituting a de facto ban on suppressors and AOWs by requiring a signature that is unobtainable. If they were serious about getting a background check they would eliminate the CLEO approval requirement or just make it a notification like it is with a Class 3 C&R FFL.