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United States · Bill · HR

H.R. 4342 (115th)

Fire Sale Loophole Closing Act

referredUnited States· United States Congress· EN

Introduced

9 November 2017

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

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.

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Documents

3 official files

Introduced in House (text)

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Sources

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