Currently, the background check system covers sales only by licensed gun dealers. The compromise would apply the system to all commercial sales, such as transactions at gun shows and online. The sales would have to be channeled through licensed firearms dealers, who would have to keep records of the transactions.
Private transactions that are not for profit, such as those between relatives, would be exempt from background checks.
.. Sen. Chuck Schumer, D-N.Y., who led an earlier unsuccessful effort to strike a bipartisan background check deal, is backing the compromise after changes were made from an initial version of the deal between Manchin and Toomey..
The {schumer} changes included eliminating language that would have required states to recognize permits to carry concealed weapons issued by other states and eliminating language that would have limited background checks to sellers who sell at least five guns annually, said the aide {good show chuck shumer, nip those loopholes in the butt... er, bud}
Some Republicans might vote to begin debate on the legislation but eventually oppose the measure on final passage.
Oh what a surprise, then can campaign on both sides of the fence depending on his 2014 audience! -
I voted to begin discussion on background checks! (flip flop) I voted against background checks!
The gun legislation Reid wants the Senate to debate would extend the background check requirement to nearly all gun sales. Reid would try to replace that language with the Manchin-Toomey compromise once debate begins, a move that would require a vote.
http://www.realclearpolitics.com/articles/2013/04/10/senators_unveil_deal_on_gun_sales_background_check_117895.html#ixzz2Q9cLWybe