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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jul 28, 2010.
Protecting Gun Owners in Bankruptcy Act of 2010 - Amends federal bankruptcy law to permit an individual debtor to exempt from the property of the estate in bankruptcy the debtor's aggregate interest not to exceed $3,000 in value, in a single rifle, shotgun, or pistol or any combination of them.
Declares the date of enactment as the effective date of this Act.
