I've heard about this awhile ago. I think it's completely idiotic for three reasons:
1.) This is just going to drive people to make their ammo purchases out of state. You do not have to be a resident of another state to buy ammo in it.
2.) They're going to lose some tax revenue.
3.) There are many sportsman like my father who really don't pay attention to this stuff. My dad goes upland bird hunting or deer/elk hunting on occasion. The instant people like him ahve to start registering ammo, it's going to get their attention.
I know for fact that If... no scratch that... WHEN this passes, ill probably be buying ammo for relatives. Just this year, I've already purchased almost 750 rounds of handgun ammo so my mom can get her practice in, because the stuff is nearly a dollar a round over there according to her.
As an aside, you can find a complete list of draconian PRC shennigans here:
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All 2013 Gun Legislation )
As for being the most strict, we'll see. The super progressive areas seem to be in a competition with one another as to who can take the biggest crap on peoples constitutional rights.