Requires that any person attempting to transfer ownership of arms from one person or business to any person must be licensed to do so in accordance with federal regulations, which requires a background check of the person seeking ownership and approval of the local law enforcement agency. Covers procedures that licensed dealers must follow in reporting of background checks and acceptable fee compensation for the Washington State Patrol to complete the background checks, among other provisions that must be followed by licensed dealers at gun shows.   Official Text and Analysis.