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- H.R.4872
H.R.4872: Fire Sale Loophole Closing Act
About This Bill
- Introduced Oct. 28, 2019
- Latest Major Action Dec. 18, 2019
- See the seven similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
8 (All Democrats)
Bill Version
- Introduced in House - Oct. 28, 2019
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Dec. 18, 2019 |
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
|
| Oct. 28, 2019 |
Referred to the House Committee on the Judiciary.
|
| Oct. 28, 2019 |
Introduced in the House by David Cicilline (D-R.I.) |