1. Short title This Act may be cited as the Sabika Sheikh Firearm Licensing and Registration Act . 2. Licensing of firearm and ammunition possession; registration of firearms (a) Firearm licensing and registration system (1) In general Chapter 44 of title 18, United States Code, is amended by adding at the end the following: 932. Licensing of firearm and ammunition possession; registration of firearms (a) In general The Attorney General, through the Bureau of Alcohol, Tobacco, Firearms and Explosives, shall establish a system for licensing the possession of firearms or ammunition in the United States, and for the registration with the Bureau of each firearm present in the United States. (b) Firearm registration system (1) Required information Under the firearm registration system, the owner of a firearm shall transmit to the Bureau— (A) the make, model, and serial number of the firearm, the identity of the owner of the firearm, the date the firearm was acquired by the owner, and where the firearm is or will be stored; and (B) a notice specifying the identity of any person to whom, and any period of time during which, the firearm will be loaned to the person. (2) Deadline for supplying information The transmission required by paragraph (1) shall be made— (A) in the case of a firearm acquired before the effective date of this section, within 3 months after the effective date of this section