Sen. Pat Toomey (R-Pa.) will offer legislation Thursday to block suspected terrorists from buying guns, attempting to spark a compromise on the issue between Democrats and Republicans.

Toomey's legislation would require the attorney general to create a list of "likely terrorists." It would then be submitted to the Foreign Intelligence Surveillance Court, which would review the list annually and remove any Americans inadvertently included, according to a summary of the forthcoming bill from his office.

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The Pennsylvania Republican — who faces a tough reelection bid — noted that he's offering his proposal because he's hopeful he can break the Senate's current logjam.

"I have drafted legislation that takes the best features from both of the previous proposals, effectively preventing terrorists from being able to purchase guns, while also safeguarding the rights of innocent Americans who are mistakenly put on the list," he added in a statement.

Democrats took control of the Senate floor Wednesday, demanding a deal to block suspected terrorists from buying guns.

But Republicans argue the proposal would negatively impact Americans not tied to terrorism.

Toomey — who previously backed Cornyn's proposal — said "neither of the proposals the Senate considered last year got that balance quite right. What's more, neither of them has sufficient support to gain passage today."

Toomey's proposal would also allow individuals who believe they have been wrongly placed on the list to challenge their inclusion in court.

Toomey took to the Senate floor Wednesday afternoon to urge his colleagues to find a compromise.