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United States · Bill · HR

H.R. 2916 (114th)

Fire Sale Loophole Closing Act

referredUnited States· United States Congress· EN

Introduced

25 June 2015

Last action

9 July 2015 · Referred

Status

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

Sponsors

Rep. Cicilline, David N. [D-RI-1], Rep. Doyle, Michael F. [D-PA-14], Rep. Himes, James A. [D-CT-4], Rep. Moore, Gwen [D-WI-4], Rep. Meeks, Gregory W. [D-NY-5], Sen. Van Hollen, Chris [D-MD], Rep. Keating, William R. [D-MA-9], Rep. Ellison, Keith [D-MN-5], Rep. Tsongas, Niki [D-MA-3], Rep. Cartwright, Matt [D-PA-17], Rep. Lipinski, Daniel [D-IL-3], Rep. Clark, Katherine M. [D-MA-5], Rep. Farr, Sam [D-CA-20], Rep. Schakowsky, Janice D. [D-IL-9], Rep. Israel, Steve [D-NY-3], Rep. Napolitano, Grace F. [D-CA-32], Rep. DeLauro, Rosa L. [D-CT-3], Rep. DeGette, Diana [D-CO-1], Rep. Langevin, James R. [D-RI-2], Rep. Slaughter, Louise McIntosh [D-NY-25], Rep. Pocan, Mark [D-WI-2], Rep. Castor, Kathy [D-FL-14], Rep. Pingree, Chellie [D-ME-1], Rep. Lofgren, Zoe [D-CA-18], Rep. Fudge, Marcia L. [D-OH-11], Rep. Wilson, Frederica S. [D-FL-24], Rep. Capps, Lois [D-CA-24], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Nadler, Jerrold [D-NY-12], Rep. Pascrell, Bill, Jr. [D-NJ-9], Rep. Swalwell, Eric [D-CA-15], Rep. Meng, Grace [D-NY-6], Rep. Esty, Elizabeth H. [D-CT-5], Rep. McCollum, Betty [D-MN-4], Rep. Blumenauer, Earl [D-OR-3], Rep. Bonamici, Suzanne [D-OR-1], Rep. Chu, Judy [D-CA-28], Rep. Hahn, Janice [D-CA-44], Rep. Engel, Eliot L. [D-NY-16], Rep. McGovern, James P. [D-MA-2], Rep. Brownley, Julia [D-CA-26], Rep. Matsui, Doris O. [D-CA-7], Rep. Sarbanes, John P. [D-MD-3], Rep. Rangel, Charles B. [D-NY-15], Del. Norton, Eleanor Holmes [D-DC-At Large], Sen. Duckworth, Tammy [D-IL], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Boyle, Brendan F. [D-PA-2]

Subjects

Discovery layer

Source updated

12 August 2025

Official sourceDownload fileView documentsShare

Summary

Fire Sale Loophole Closing Act This bill amends the federal criminal code to make it unlawful for: (1) anyone whose federal license to import, manufacture, or deal in firearms has been revoked, or whose license renewal application has been denied, to transfer business inventory firearms into a personal collection or to an employee of such person or to receive a firearm that was a business inventory firearm as of the date of a revocation or renewal denial notice; and (2) anyone who has received a license revocation or renewal denial notice to transfer to any other person a firearm that was a business inventory firearm. The bill imposes a fine and/or prison term of not more than one year for violations of this Act (five years for willful violations).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 June 2015

    Introduced

    Referred to the House Committee on the Judiciary.

    Source: IntroReferral

  2. 25 June 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 25 June 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 9 July 2015

    Referred

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

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 25 June 2015

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 25 June 2015

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 25 June 2015

    Open at official source

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Sponsors

Showing 48 of 51 sponsors and actors.

Related records

Sources

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