HR 45 - Blair Holt Firearm Licensing & Record of Sale Act of 2009
Coming up for vote in Congress soon ...

http://www.snopes.com/politics/guns/blairholt.asp
*** TRUE ***

HR 45 makes it illegal to own a firearm, rifle, or weapon with a clip or ANY pistol unless:

It is registered
You are fingerprinted
You supply a current Driver's License
You supply your Social Security #
You will submit to a physical & mental evaluation at any time of their choosing

Each update - change or ownership through private or public sale must be reported and costs $25 - Failure to do so you automatically lose the right to own a firearm and are subject up to a year in jail.

There is a child provision clause on page 16 section 305 stating a child-access provision. Gun must be locked and inaccessible to any child under 18.

They would have the right to come and inspect that you are storing your gun safely away from accessibility to children and fine is punishable for up to 5 yrs. in prison.

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Second Ammendment, US Constitution ~
"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."

Civilian usage meaning

The people's right to have their own arms for their defense is described in the philosophical and political writings of Aristotle, Cicero, John Locke, Machiavelli, the English Whigs and others.
Though possessing arms appears to be distinct from "bearing" them, the possession of arms is recognized as necessary for and a logical precursor to the bearing of arms.

Particularly in the event of oppression or slaughter of people by governments or racial majorities, researchers have noted that exercise of the right to bear arms internationally is intrinsically linked to a people's ability to possess them, and that the possession of arms is the distinction between a freeman and a slave.