SECTION 1. TRANSFER OF FIREARMS REGULATION FUNCTIONS OF BUREAU OF 
              ALCOHOL, TOBACCO, AND FIREARMS.

    (a) In General.--The functions relating to the regulation of 
firearms which on April 29, 1993, were performed by the Bureau of 
Alcohol, Tobacco, and Firearms are hereby transferred from that Bureau 
to the Attorney General.
    (b) Delegation of Functions.--The Attorney General shall delegate 
to the Director of the Federal Bureau of Investigation the functions 
transferred under this section.
    (c) Property and Records.--The contracts, liabilities, records, 
property, and other assets and interests of, or made available in 
connection with, the functions transferred by this section are hereby 
transferred to the Attorney General for appropriate allocation.
    (d) Personnel.--
            (1) In general.--The personnel employed in connection with 
        the functions transferred by this section are hereby 
        transferred to the Attorney General.
            (2) Effect.--Any full-time or part-time personnel employed 
        in permanent positions shall not be separated or reduced in 
        grade or compensation because of the transfer under this 
        subsection during the 1-year period beginning on the date of 
        the enactment of this Act.

SEC. 2. REFERENCES.

    Any reference in any other Federal law, Executive order, rule, 
regulation, or delegation of authority, or any document of or 
pertaining to the Bureau of Alcohol, Tobacco, and Firearms with respect 
to functions transferred by this Act--
            (1) to the Secretary of the Treasury or the head of that 
        bureau is deemed to refer to the Attorney General; and
            (2) to the Department of the Treasury or that bureau is 
        deemed to refer to the Department of Justice or the Federal 
        Bureau of Investigation, as appropriate.

SEC. 3. SAVINGS PROVISIONS.

    (a) Legal Documents.--All orders, determinations, rules, 
regulations, permits, grants, contracts, certificates, licenses, and 
privileges--
            (1) that have been issued, made, granted, or allowed to 
        become effective by the President, by the head of the Bureau of 
        Alcohol, Tobacco, and Firearms, the Secretary of the Treasury, 
        any other Government official, or a court of competent 
        jurisdiction, in the performance of functions of the head of 
        the Bureau of Alcohol, Tobacco, and Firearms that are 
        transferred by this Act, and
            (2) that are in effect on the date of the enactment of this 
        Act (or become effective after such date pursuant to their 
        terms as in effect on such date),
shall continue in effect according to their terms until modified, 
terminated, superseded, set aside, or revoked in accordance with law by 
the President, the Attorney General or other authorized official, or a 
court of competent jurisdiction, or by operation of law.
    (b) Proceedings.--The provisions of this Act shall not affect any 
proceedings or any application for any benefits, service, license, 
permit, certificate, or financial assistance pending before the Bureau 
of Alcohol, Tobacco, and Firearms on the date of the enactment of this 
Act, but such proceedings and applications shall be continued. Orders 
shall be issued in such proceedings, appeals shall be taken therefrom, 
and payments shall be made pursuant to such orders, as if this Act had 
not been enacted, and orders issued in any such proceeding shall 
continue in effect until modified, terminated, superseded, or revoked 
by a duly authorized official, by a court of competent jurisdiction, or 
by operation of law. Nothing in this subsection shall be deemed to 
prohibit the discontinuance or modification of any such proceeding 
under the same terms and conditions and to the same extent that such 
proceeding could have been discontinued or modified if this Act had not 
been enacted.
    (c) Suits.--The provisions of this Act shall not affect suits 
commenced before the date of the enactment of this Act, and in all such 
suits, proceeding shall be had, appeals taken, and judgments rendered 
in the same manner and with the same effect as if this Act had not been 
enacted.
    (d) Nonabatement of Actions.--No suit, action, or other proceeding 
commenced by or against the head of the Bureau of Alcohol, Tobacco, and 
Firearms, or by or against any individual in the official capacity of 
such individual as an officer of such bureau shall abate by reason of 
the enactment of this Act.
    (e) Continuance of Suits.--If, before the date of the enactment of 
this Act, any agency or officer thereof in the official capacity of 
such officer, is party to a suit, and under this Act any function of 
such agency or officer is transferred to the Attorney General or any 
other official of the Department of Justice, then such suit shall be 
continued with the Attorney General or other appropriate official of 
the Department of Justice substituted or added as a party.

SEC. 4. AMENDMENTS TO INSPECTOR GENERAL ACT OF 1978.

    The Inspector General Act of 1978 (5 U.S.C. App.) is amended--
            (1) in section 8C(b)--
                    (A) by striking ``the Bureau of Alcohol, Tobacco, 
                and Firearms,''; and
                    (B) by striking ``Service,'' and inserting 
                ``Service''; and
            (2) in section 9(a)(1)(L)--
                    (A) by striking ``the `Office of Internal Affairs, 
                Bureau of Alcohol, Tobacco, and Firearms',''; and
                    (B) by striking ``Service','' and inserting 
                ``Service' ''.

SEC. 5. REPEAL OF REQUIREMENT OF AUDIT BY COMPTROLLER GENERAL OF THE 
              UNITED STATES.

    (a) Repeal.--Section 713 of title 31, United States Code, is 
repealed.
    (b) Conforming Amendment.--The table of sections at the beginning 
of chapter 7 of title 31, United States Code, is amended by striking 
the item relating to section 713.

SEC. 6. RENAMING OF BUREAU.

    Not later than 60 days after the date of the enactment of this Act, 
the Secretary of the Treasury shall issue such regulations as are 
necessary to rename the Bureau of Alcohol, Tobacco, and Firearms as 
appropriate to reflect the transfer of functions by this Act.
Transfers the functions of the Bureau of Alcohol, Tobacco, and Firearms (ATF) relating to the regulation of firearms from the Department of the Treasury to the Attorney General, who shall delegate them to the Director of the Federal Bureau of Investigation. 
Transfers ATF personnel employed in connection with the transferred functions to the Attorney General. 
Amends Federal law to repeal requirements for audits by the Comptroller General of ATF and the Internal Revenue Service. 
Provides for the renaming of ATF to reflect the transfer made by this Act.
To transfer all functions of the Bureau of Alcohol, Tobacco, and Firearms relating to the regulation of firearms from the Department of the Treasury to the Federal Bureau of Investigation.