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HR 6213 117th Congress House Crime and Law Enforcement

Fire Sale Loophole Closing Act

Introduced: December 9, 2021 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 1, 2022
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Dec 9, 2021
Referred to the House Committee on the Judiciary.
Dec 9, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Fire Sale Loophole Closing Act

This bill imposes restrictions on the transfer of business inventory firearms by a firearms importer, manufacturer, or dealer whose license is revoked or denied.

An individual who violates the restrictions is subject to criminal penalties—a fine, prison term of up to one year (or five years if the violation was willful), or both.

What's happening now November 1, 2022

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

 Committees of jurisdiction 2