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Independent experts believe that offshore fulfilment would vanish from the Channel Islands without the current loophole.
"The current loophole in the law is the size of the Grand Canyon and it needs to be closed," Ms. Kamin said.
Officials hope that clarifying the so-called "engaged in the business" language in existing background check legislation will go a long way to prevent criminals and mentally ill people from buying guns through sellers who exploit a current loophole designed only for hobbyists and personal sales.
The new legislation would close a current loophole requiring prison time only for rapists who use force.
A current loophole allows corporations to claim foreign tax credits for taxes paid on foreign income even if that income is not subject to current U.S. tax.
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Thanks to current loopholes in federal law, some domestic abusers are still able to obtain guns.
Supporters of the policy change had argued that by specifying how many whales of a given species could be sustainably harvested over a 10-year period, and by tightening or eliminating current loopholes through which whaling nations like Japan and Norway kill the marine mammals for "scientific" purposes, the new measure would effectively reduce the number of whales slaughtered each year.
One of the major winners of the current loophole-ridden tax code system is General Electric -- and GE's CEO Jeffrey Immelt was recently appointed to head President Obama's Council on Jobs and Competitiveness, which is expected to suggest changes to the corporate tax code.
But the repeated citation of "existing law" did suggest that both the White House and the Department of Justice will look to close current loopholes -- whether on background checks or coordination between federal and state authorities -- rather than focus on new bills.
The new draft bill aims at closing current loopholes for tobacco companies to use billboards to advertise in the metro stations, in newspapers and magazines, and through other forms of marketing such as sponsorships of sports events, promotions, etc.
It said: "Our concern is that given current legal loopholes, similar men using pornography simulating acts of sexual violence including rape, child sexual abuse and incest, would not be committing an offence under existing extreme pornography legislation.
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