Act ( 34 U.S.C. 40901 ). . (b) Effective date The amendment made by this section shall apply to applications for the transfer and registration of a firearm which are filed or pending on or after the date of enactment of this Act. 3. Timely processing of applications (a) Transfer of firearms Section 5812 of the Internal Revenue Code of 1986, as amended by section 2, is amended by adding at the end the following new subsection: (d) Processing of applications Notwithstanding subsection (a), if an application described in such subsection with respect to the transfer and registration of a firearm has been filed with the Secretary and the Secretary fails to make a determination regarding whether to approve or deny such application prior to the date which is 90 calendar days after the date on which such application was originally filed by the transferor, the transfer and registration of such firearm to the transferee shall be deemed to have been approved by the Secretary for purposes of this section and such transfer may be made. The Secretary shall only deny an application described in subsection (a) on the grounds that the applicable requirements under such subsection have not been satisfied, and may not deny an application solely on the grounds that a determination regarding whether to approve or deny such application could not be completed by the Secretary during the period described in the preceding sentence. . (b) Making of firearms Section 5822 of the Internal Revenue Code of 1986 is amended by adding at the end the following: Notwithstanding the preceding sentences, if a person files an application to make and register a firearm with the Secretary and the Secretary fails to make a determination regarding whether to approve or deny such application prior to the date which is 90 calendar days after the date on which such application was originally filed by such person, such application shall be deemed to have been approved by the Secretary for purposes of this section and such firearm may be made by such person.