This bill was introduced in either 2009 or 2010, and failed by 2 votes. We came close. This time, if it passes, you are right - NJ would be compelled to accept a concealed carry permit from an out of state resident. It probably would help to change NJ's anti-2nd Amendment philosophy. But, don't forget - The President could veto the bill, and then it would have to be overridden by a 2/3rd's majority, I think. We may not have the votes to override, but if this bill is attached to larger bill, bingo!!!