United States · Bill · HR
H.R. 4872 (116th)
Fire Sale Loophole Closing Act
Introduced
28 October 2019
Last action
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Status
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Sponsors
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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.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 28 October 2019
Introduced in House (PDF)
Introduced in House · EN · 28 October 2019
Introduced in House
summary · EN · 28 October 2019
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/4872
- Open data entity: https://api.congress.gov/v3/bill/116/hr/4872