What exactly does this mean? I'm sure it will come back...
Source: http://nramemberscouncils.com/legs.shtml?summary=sb357
Latest Info: 7/20/05 - SB 357 has been taken off the calendar of the Assembly Appropriations Committee and is no longer scheduled for a hearing. Your calls, emails, faxes and letters have had an effect. NRA continues to watch SB 357 very closely and asks you direct your efforts to other firearms-related bills. Also, please check this page frequently for further status changes regarding SB 357.
Issue: AMMUNITION SERIALIZATION (Dunn)
Description: Would establish a program requiring serialization of handgun ammunition, as defined, to be enforced by the Department of Justice. The bill would require, commencing July 1, 2009, that handgun ammunition be serialized.
The bill would require ammunition vendors and manufacturers to register with the Department of Justice.
The bill would establish regulations relating to the assessment and collection of end-user fees in an amount not to exceed one-half of one cent ($0.005) per round of ammunition or per bullet.
Source: http://nramemberscouncils.com/legs.shtml?summary=sb357
Latest Info: 7/20/05 - SB 357 has been taken off the calendar of the Assembly Appropriations Committee and is no longer scheduled for a hearing. Your calls, emails, faxes and letters have had an effect. NRA continues to watch SB 357 very closely and asks you direct your efforts to other firearms-related bills. Also, please check this page frequently for further status changes regarding SB 357.
Issue: AMMUNITION SERIALIZATION (Dunn)
Description: Would establish a program requiring serialization of handgun ammunition, as defined, to be enforced by the Department of Justice. The bill would require, commencing July 1, 2009, that handgun ammunition be serialized.
The bill would require ammunition vendors and manufacturers to register with the Department of Justice.
The bill would establish regulations relating to the assessment and collection of end-user fees in an amount not to exceed one-half of one cent ($0.005) per round of ammunition or per bullet.
This is great. Now if only SB352 will go away and the people who wrote it fall into deep cracks in the Earth 
Regenerated anti's.