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HR 4342 115th Congress House Crime and Law Enforcement Firearms and explosives Licensing and registrations Retail and wholesale trades

Fire Sale Loophole Closing Act

Introduced: November 9, 2017 See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2017
Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
Nov 9, 2017
Referred to the House Committee on the Judiciary.
Nov 9, 2017
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now December 13, 2017

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 8
All 8 Democratic 8
D
Keating, William R.
Massachusetts · May 15, 2018
 D
Cohen, Steve
Tennessee · Feb 27, 2018
 D
DeGette, Diana
Colorado · Dec 1, 2017
 D
Khanna, Ro
California · Nov 9, 2017
 D
Lofgren, Zoe
California · Nov 9, 2017
 D
McGovern, James P.
Massachusetts · Nov 9, 2017
 D
Nadler, Jerrold
New York · Nov 9, 2017
 D
Norton, Eleanor Holmes
District of Columbia · Nov 9, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4342: Fire Sale Loophole Closing Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-4342/
MLA
"H.R. 4342: Fire Sale Loophole Closing Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-4342/.
Bluebook (legal)
H.R. 4342, 115th Cong. (2026), https://openamerica.io/bill/115-HR-4342/.
Markdown link
[H.R. 4342: Fire Sale Loophole Closing Act](https://openamerica.io/bill/115-HR-4342/)
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