To provide for the implementation of a system of licensing for purchasers of certain firearms and for a record of sale system for those firearms, and for other purposes.

Blair Holt Firearm Owner Licensing and Record of Sale Act of 2018 This bill establishes new requirements and restrictions with respect to the sale, transfer, and possession of firearms. Among other things, the bill does the following: generally requires owners of certain firearms—handguns and semiautomatic rifles capable of accepting a detachable ammunition feeding device—to obtain a license, and establishes background check requirements for firearm transfers between private parties.