H.R. 238
Fire Sale Loophole Closing Act
Referred to the Subcommittee on Crime, Terrorism, Homeland Security, And Investigations.
Sponsor
Rep. Meng, Grace [D-NY-6]
Bill Details
- Update Date
- Nov 15, 2022
- Origin Chamber
- House
- Bill Type
- HR
- Bill Number
- 238
- Congress
- 113
- Introduced Date
- Jan 14, 2013
- Policy Area
- Crime and Law Enforcement
- Is Law
- No
Referred to the Subcommittee on Crime, Terrorism, Homeland Security, And Investigations.
Source: House committee actions
Referred to the House Committee on the Judiciary.
Source: House floor actions
Introduced in House
Source: Library of Congress
Introduced in House
Source: Library of Congress
Fire Sale Loophole Closing Act - Amends the federal criminal code to make it unlawful for: (1) anyone whose federal license to import, manufacture, or deal in firearms has been revoked, or whose license renewal application has been denied, to transfer business inventory firearms into a personal collection or to an employee of such person or to receive a firearm that was a business inventory firearm as of the date of a revocation or renewal denial notice; and (2) anyone who has received a license revocation or renewal denial notice to transfer to any other person a firearm that was a business inventory firearm. Imposes a fine and/or prison term of not more than one year (five years for willful violations) for violations of this Act.
Judiciary Committee
Introduced in House
Jan 14, 2013