Firearms Owners Against Crime
Institute for Legal, Legislative and Educational Action
Institute for Legal, Legislative and Educational Action
Restricts the ability of a person whose Federal Firearms license to import, manufacture, or deal in firearms has been revoked, whose application to renew such a license has been denied, or who has received a license revocation or renewal denial notice, to transfer business inventory firearms, and for other purposes.
Title: Fire Sale Loophole Closing Act
Subject: Firearms and explosives: Licensing and registrations: Retail and wholesale trades: Crime and law enforcement
Description: Fire Sale Loophole Closing Act - 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criminal code to make it unlawful for: (1) anyone whose federal license to import, manufacture, or deal in firearms has been revoked, or whose license renewal application has been denied, to transfer business inventory firearms into a personal collection or to an employee of such person or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. Imposes a fine and/or prison term of not more than one year (five years for willful violations) for violations of this Act.
Session: 113th Congress
Last Action: Referred to the Subcommittee on Crime, Terrorism, Homeland Security, And Investigations.
Last Action Date: January 25, 2013
Link: http://thomas.loc.gov/cgi-bin/bdquery/z?d113:HN00093:@@@L&summ2=m&
Companion Bill: HB238
Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.
69 sponsors: Cicilline, David N.; Bishop, Timothy H.; Blumenauer, Earl; Bonamici, Suzanne; Brady, Robert A.; Brownley, Julia; Capps, Lois; Capuano, Michael E.; Cartwright, Matt; Castor, Kathy; Chu, Judy; Clark, Katherine M.; Clay, Wm. Lacy; Cohen, Steve; DeGette, Diana; DeLauro, Rosa L.; Deutch, Theodore E.; Doyle, Michael F.; Edwards, Donna F.; Ellison, Keith; Esty, Elizabeth H.; Farr, Sam; Fudge, Marcia L.; Garamendi, John; Grijalva, Raul M.; Gutierrez, Luis V.; Hahn, Janice; Hastings, Alcee L.; Himes, James A.; Holt, Rush D.; Israel, Steve; Keating, William R.; Langevin, James R.; Larsen, Rick; Lee, Barbara; Lipinski, Daniel; Lofgren, Zoe; Lowenthal, Alan S.; Lynch, Stephen F.; Markey, Edward J.; Matsui, Doris O.; McCollum, Betty; McGovern, James P.; Meeks, Gregory W.; Moore, Gwen; Moran, James P.; Nadler, Jerrold; Napolitano, Grace F.; Norton, Eleanor Holmes; Pascrell, Bill, Jr.; Peters, Scott H.; Pocan, Mark; Price, David E.; Rangel, Charles B.; Roybal-Allard, Lucille; Sarbanes, John P.; Schakowsky, Janice D.; Schiff, Adam B.; Schwartz, Allyson Y.; Serrano, Jose E.; Shea-Porter, Carol; Slaughter, Louise McIntosh; Speier, Jackie; Tierney, John F.; Tsongas, Niki; Van Hollen, Chris; Vargas, Juan; Waxman, Henry A.; Wilson, Frederica S.
| Chamber | Date | Action |
| House | Jan 25 2013 | Referred to the Subcommittee on Crime, Terrorism, Homeland Security, And Investigations. |
| House | Jan 3 2013 | Referred to the House Committee on the Judiciary. |
| Type | Date | Federal Link | Text |
| Introduced | Jan 10 2013 | federal bill text | bill text |
| Title | Description | Date | State Link | Text | Adopted |
| There are no amendments to this bill at this time | |||||
Chamber: H
Committee Name: Subcommittee on Crime, Terrorism, Homeland Security, And Investigations
There have not been any votes on this bill