Establishment of formal inspection, examination, and investigative standards

(a) In general The Attorney General shall establish written standards for how the Bureau of Alcohol, Tobacco, Firearms, and Explosives is to— (1) conduct inspections, examinations, or investigations of a possible violation of chapter 40 or 44 of title 18, United States Code; and (2) make license application denial, license suspension, license revocation or other adverse determinations regarding an applicant or licensee. (b) Inclusion of mitigating factors The standards shall include mitigation factors that must be considered before the Attorney General initiates any adverse action against an applicant or licensee. (c) Availability The written standards shall be made available to the public, and shall be provided by the Attorney General to applicants and licensees at the time of any license application and on demand.