AIM Act

Specifically, the bill removes provisions that

limit the use of firearms tracing data;

prohibit consolidating or centralizing records maintained by federal firearm licensees, or FFLs (e.g., gun dealers);

prohibit imposing a requirement that gun dealers conduct a physical inventory;

require background check records to be destroyed within 24 hours;

limit the disclosure of data under the Freedom of Information Act;

prohibit the ATF from altering the definition of or denying certain import applications for a curio or relic firearm;

prohibit the denial of a federal firearms license due to lack of business activity;

prohibit the electronic retrieval of information gathered from firearm transaction records of FFLs that go out of business;

prohibit the ATF from denying an application to import certain shotguns; and

limit the number of annual compliance inspections.

Additionally, the bill

lowers the standard for denying or revoking a federal firearms license due to violations of federal firearms laws by requiring only a knowing violation rather than a willful violation, and

removes the requirement that an appeal of a denial or revocation of a federal firearms license shall be subject to the de novo standard of judicial review (i.e., without deference to the agency determination).