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HR 1740 119th Congress House Crime and Law Enforcement Business records Computers and information technology Criminal justice information and records Firearms and explosives Government information and archives Licensing and registrations Manufacturing Retail and wholesale trades Telephone and wireless communication

Default Proceed Sale Transparency Act

Introduced: February 27, 2025 Introduced by: Schneider, Bradley Scott Democratic · Illinois See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 27, 2025
Referred to the House Committee on the Judiciary.
Feb 27, 2025
Introduced in House
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 Plain-English summary Congressional Research Service

Default Proceed Sale Transparency Act

This bill establishes new requirements in the case of a firearm transfer by a federally licensed dealer, manufacturer, or importer to an unlicensed person prior to the completion of a background check. Current law permits these transactions—default-proceed transactions—if a submitted background check remains incomplete after three business days.

With respect to a default-proceed transaction, the bill

  • requires a federally licensed dealer, manufacturer, or importer to report the transfer to the Federal Bureau of Investigation (FBI) within 24 hours;
  • requires the National Instant Criminal Background Check System (NICS) to prioritize completing the background check related to the transfer; and
  • requires the NICS to retain records related to a proposed or completed firearm transfer until the background check is complete.

Finally, the bill requires the FBI to report publicly on data related to default-proceed transactions. Further, it requires the Bureau of Alcohol, Tobacco, Firearms and Explosives to report publicly on data related to the firearms transferred in default-proceed transactions.

What's happening now February 27, 2025

Referred to the House Committee on the Judiciary.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 9

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

See all 9 filings →
 Cosponsors 2
All 2 Democratic 2
D
Panetta, Jimmy
California · Feb 27, 2025
 D
Quigley, Mike
Illinois · Feb 27, 2025
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1740: Default Proceed Sale Transparency Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-1740/
MLA
"H.R. 1740: Default Proceed Sale Transparency Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-1740/.
Bluebook (legal)
H.R. 1740, 119th Cong. (2026), https://openamerica.io/bill/119-HR-1740/.
Markdown link
[H.R. 1740: Default Proceed Sale Transparency Act](https://openamerica.io/bill/119-HR-1740/)
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