How I read this is as per FEDERAL LAW you cant due certain things. FEDERAL law states that you can build your own firearm at home and does NOT require a serial number. Per section 4 and 5 of the passed law, it does state you have to fallow FEDERAL LAW with home made firearms ect. I guess they dont know federal law due to there wording.
Section 4 of this bill prohibits a person from manufacturing or causing to be manufactured or assembling or causing to be assembled a firearm that is not imprinted with a serial number issued by a firearms importer or manufacturer in accordance with federal law and any regulations adopted thereunder unless the firearm is: (1) rendered permanently inoperable; (2) an antique; or (3) a collector’s item, curio or relic. Section 4 provides that a person who commits such an unlawful act: (1) for the first offense, is guilty of a gross misdemeanor; and (2) for the second or any subsequent offense, is guilty of a category D felony.
Similarly, section 5 of this bill prohibits a person from possessing, selling, offering to sell, transferring, purchasing, transporting or receiving a firearm that is not imprinted with a serial number issued by a firearms importer or manufacturer in accordance with federal law and any regulations adopted thereunder unless: (1) the person is a law enforcement agency or a firearms importer or manufacturer; or (2) the firearm is rendered permanently inoperable, was manufactured before 1969 or is an antique, collector’s item, curio or relic.
If I am wrong on this please explain why due to the simple fact the law as stated says you have to fallow FEDERAL LAWS. Like i stated above, if your making your own gun, federal laws allow you to and does NOT require a serial number unless you plant to sell it. Had sections 3 and 3.5 been left in then yes, would be illegal.