Institute for Legal, Legislative and Educational Action
Though no text is available yet the title seems to imply punishing firearms dealers who've lost their license further by restricting their ability to sell their inventory to other licensed dealers or keeping inventory for their personal use.
Title: Fire Sale Loophole Closing Act
Subject: Crime and law enforcement
Description: To amend chapter 44 of title 18, United States Code, to restrict the ability of a person whose Federal license to import, manufacture, or deal in firearms has been revoked, whose application to renew such a license has been denied, or who has received a license revocation or renewal denial notice, to transfer business inventory firearms, and for other purposes.
Session: 117th Congress
Last Action: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Last Action Date: November 1, 2022
Link: https://www.congress.gov/bill/117th-congress/house-bill/6213/all-info
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
8 sponsors: David Cicilline (D); Albio Sires (D); James McGovern (D); Steve Cohen (D); Diana DeGette (D); Eleanor Norton (D); Eric Swalwell (D); Joseph Neguse (D)
Chamber | Date | Action |
House | Nov 1 2022 | Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. |
House | Dec 9 2021 | Introduced in House |
House | Dec 9 2021 | Referred to the House Committee on the Judiciary. |
Type | Date | Federal Link | Text |
Introduced | Dec 21 2021 | federal bill text | bill text |
Title | Description | Date | State Link | Text | Adopted |
There are no amendments to this bill at this time |
Chamber: H
Committee Name: Subcommittee on Crime, Terrorism, and Homeland Security
There have not been any votes on this bill