It seems so. Because the speaker says "It's a good thing."
But my dictionary offers a different meaning:
pass it
[美国英语]搁着不管;不放在心上
(The Chinese above means: [American English] drop it; don't take it to heart)
Context:
LAS VEGAS, NV — Surrounded by monogrammed assault rifle parts, bulletproof vests, and rows and rows of guns, many of the tattooed, bearded vendors at the Las Vegas Gun Show had an unexpected stance on the state’s proposal for expanded background checks.
“Pass it,” Louie Leynes, an employee at Bargain Pawn in North Las Vegas, told ThinkProgress.
“It’s a good thing.”
Standing behind an assortment of new and used firearms, Leynes and two of his coworkers explained why they support the Nevada Background Check Initiative, which would require private gun sellers to conduct background checks through a licensed firearm dealer. Too many times, they said, they’ve seen potential customers at gun shows back away from Bargain Pawn when they found out they would be subject to a background check, and then head over to a private gun seller instead.
More:
http://thinkprogress.org/justice/2015/12/14/3731535/this-way-to-the-gun-show/