Link to the actual amendment

http://www.govtrack.us/congress/amen...111&amdt=s1618

(S. 1390 National Defense Authorization Act) S.Amdt. 1618: To amend chapter 44 of title 18, United States Code, to allow...To amend chapter 44 of title 18, United States Code, to allow citizens who have concealed carry permits from the State in which they reside to carry concealed firearms in another State that grants concealed carry permits, if the individual complies with the laws of the State.

Having read the amend I don't see where this allows the federal government to regulate concealed carry (ie Graves). All state laws still apply.

Comments and opinions are always interesting but it you may want to read the actual amend first.