Proposed Federal Firearm Legislation HB4872
Legislation Overview
Title: Fire Sale Loophole Closing Act
Subject: Crime and law enforcement: Firearms and explosives: Licensing and registrations: Retail and wholesale trades
Description: 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.
Session: 116th Congress
Last Action: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Last Action Date: December 18, 2019
Link: https://www.congress.gov/bill/116th-congress/house-bill/4872/all-info
Sponsors
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'.
9 sponsors: David Cicilline (D); Albio Sires (D); Eric Swalwell (D); Eleanor Norton (D); Steve Cohen (D); Diana DeGette (D); Jerrold Nadler (D); Alcee Hastings (D); James McGovern (D);
Percentage of House Of Representatives sponsoring bill: 2% (9 of 435)
History
| Chamber | Date | Action |
| House | Dec 18, 2019 | Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. |
| House | Oct 28, 2019 | Introduced in House |
| House | Oct 28, 2019 | Referred to the House Committee on the Judiciary. |
Texts
| Type | Date | Federal Link | Text |
| Introduced | Nov 4 2019 | federal link | bill text |
Amendments
| Title | Description | Date | State Link | Text | Adopted |
| There are no amendments to this bill at this time | |||||
Committee
Chamber: H
Committee Name: Subcommittee on Crime, Terrorism, and Homeland Security
Votes - Click on description to view vote roll call
There have not been any votes on this bill
