Title: Fire Sale Loophole Closing Act
Subject: Crime and law enforcement
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: 117th Congress
Last Action: Read twice and referred to the Committee on the Judiciary.
Last Action Date: September 8, 2022
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'.
1 sponsors: Cory Booker (D);
Percentage of Senate sponsoring bill: 1% (1 of 100)
|Senate||Sep 8, 2022||Read twice and referred to the Committee on the Judiciary.|
|Introduced||Sep 10 2022||federal link||bill text|
|There are no amendments to this bill at this time|
Committee Name: Judiciary
Votes - Click on description to view vote roll call
There have not been any votes on this bill