The Ammunition Accountability Act

There's been a lot of buzz on the internet since the election of Obama about something that was first making waves in early 2008, the Ammunition Accountability Act.
You can see the website for the group that introduced this here.
The background on this can be found by doing some web searching for more info. Basically, it all started with a group of men in California who supposedly are gun owners who were searching for a way to be able to trace ammunition back to the person who owned or purchased it, thus increasing the likelihood of solving some crimes. We suspect that their motives are not so pure. As many people have noted in analyzing this act, it was completely self-serving on their part since they were the ones who had developed and patented this technology. If the bills had passed they would have had a MONOPOLY on the utilization of the techniques and collected royalties wherever it was employed. Oooops.
Their attempts to get various state legislatures to pass this act into law have gone nowhere. All of the 18 states where this was introduced or discussed also dropped it in early 2008.
Rep. Kathy Stein introduced this bill in the Kentucky General Assembly March 2008. It was promptly KILLED and has had no support and gone nowhere since. Now that Mrs. Stein has been elected to the Kentucky Senate we can anticipate that she'll be accomplishing little to infringe our rights, since she's a Democrat in a chamber controlled by the Republicans. Had she stayed in the House as the chair of the Judiciary committee she could have continued to cause trouble for gun owners in Kentucky, which she was did during her tenure there. By moving to the Senate she has essentially neutered herself.
In the wake of Obama's election there have been rampant rumors on the internet about this act. Unfortunately, those who've been freaking out about it and sending out alarmist emails have failed to note that all the activity involving it was in early 2008 and that is has gone NOWHERE in any of the states in which it was introduced.
There's no doubt that the Obama administration is filled with people who are hostile to gun owners, firearms ownership and concealed carry but to date, there's no evidence that they're actively involved in resurrecting this effort.
At this time, the Ammunition Accountability Act is dead in the water. That's not to say that the anti-gun zealots won't try to re-introduce it, but for now, it's not an active threat to us.