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H.R. 4342

Fire Sale Loophole Closing Act

Fire Sale Loophole Closing Act

This bill restricts the transfer of business inventory firearms by a firearms importer, manufacturer, or dealer whose licensed is revoked or denied.

A violator is subject to criminal penalties—a fine, prison term of up to one year, or both.

Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.

Rep. Cicilline, David N. [D-RI-1](D-RI)Sponsor
13 cosponsors13 D
13cosponsors1committees4actions3subjects
  1. Committee

    Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.

    Crime and Federal Government Surveillance Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on the Judiciary.

    Judiciary Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Fire Sale Loophole Closing Act — Informed