H.R. 4342 · 115th Congress
Fire Sale Loophole Closing Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
13 cosponsors · 13 D
7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill restricts the transfer of business inventory firearms by a firearms importer, manufacturer, or dealer whose licensed is revoked or denied.
What it does: CRS summary · Introduced in House · Nov 9, 2017
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fire Sale Loophole Closing Act
Latest action (Dec 13, 2017): Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
Policy area: Crime and Law Enforcement · Origin: House · Introduced: Nov 9, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.