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United States · Bill · HR

H.R. 4872 (116th)

Fire Sale Loophole Closing Act

referredUnited States· United States Congress· EN

Introduced

28 October 2019

Last action

18 December 2019 · Referred

Status

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

Sponsors

Rep. Cicilline, David N. [D-RI-1], Rep. Sires, Albio [D-NJ-13], Rep. Swalwell, Eric [D-CA-15], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Cohen, Steve [D-TN-9], Rep. DeGette, Diana [D-CO-1], Rep. Nadler, Jerrold [D-NY-12], Rep. Hastings, Alcee L. [D-FL-20], Rep. McGovern, James P. [D-MA-2]

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Fire Sale Loophole Closing Act This bill 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.

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

Timeline

  1. 28 October 2019

    Introduced

    Referred to the House Committee on the Judiciary.

    Source: IntroReferral

  2. 28 October 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 28 October 2019

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 18 December 2019

    Referred

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

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Leesvertaling

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  • Introduced in House (text)

    Introduced in House · EN · 28 October 2019

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 28 October 2019

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 28 October 2019

    Open at official source

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Sponsors

Related records

Sources

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