HR 4342 · 115th Congress · Crime and Law Enforcement

Fire Sale Loophole Closing Act

Introduced 2017-11-09· Sponsored by Rep. Cicilline, David N. [D-RI-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.(2017-12-13)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (13)

13 Democrats
Rep. Swalwell, Eric [D-CA-15]CA
Rep. Nadler, Jerrold [D-NY-10]NY
Rep. Khanna, Ro [D-CA-17]CA
Rep. McGovern, James P. [D-MA-2]MA
Rep. Lofgren, Zoe [D-CA-19]CA
Del. Norton, Eleanor Holmes [D-DC-At Large]DC
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. DeGette, Diana [D-CO-1]CO
Rep. Sires, Albio [D-NJ-8]NJ
Rep. Cohen, Steve [D-TN-9]TN
Rep. Doyle, Michael F. [D-PA-14]PA
Rep. Hastings, Alcee L. [D-FL-20]FL
Rep. Keating, William R. [D-MA-9]MA