I just got a NOS 2A016. Test-fired it... and found this issue when stooging around the forums. I've got my carb disassembled, and I'm waiting for the MEK to thin the semi-dried can of gas tank sealer. Supposedly Model-airplane 'fuel-proof dope' works well.
I've got a cheapo 2-stroke genset with a leaky float that needs sealing too.
I've also heard of people trying epoxy, with mixed results. Plastic epoxy might adhere better to the shellac on the .mil float, as well as to the chicom float. I'm guessing that rubbery sealant will adhere better than hard epoxy, but the sealant I've got is likely older than I am. Given it's age, I'm not very confident that they designed it to resist ethanol- or permeability to ethanol.
After work tomorrow, I'll try to remember to stop in at a hobby shop and see if they sell that dope.