H.R. 238: Fire Sale Loophole Closing Act

Introduced:
Jan 14, 2013
Status:
Referred to Committee
Prognosis
1% chance of being enacted
Track this bill
Sponsor
Grace Meng
Representative for New York's 6th congressional district
Party
Democrat
Text
Read Text »
Last Updated
Jan 14, 2013
Length
5 pages
Related Bills
H.R. 93 (identical)

Referred to Committee
Last Action: Jan 03, 2013

 
Status

This bill was assigned to a congressional committee on January 14, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Progress
Introduced Jan 14, 2013
Referred to Committee Jan 14, 2013
Reported by Committee ...
Passed House ...
Passed Senate ...
Signed by the President ...
Prognosis

7% chance of getting past committee.
1% chance of being enacted.

Only 11% of bills made it past committee and only about 3% were enacted in 2011–2013. [show factors | methodology]

 
Full Title

To amend chapter 44 of title 18, United States Code, to restrict the ability of a person whose Federal license to import, manufacture, or deal in firearms has been revoked, whose application to renew such a license has been denied, or who has received a license revocation or renewal denial notice, to transfer business inventory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.

Summary

No summaries available.

Cosponsors
none
Committees

House Judiciary

Crime, Terrorism, Homeland Security, and Investigations

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


1/14/2013--Introduced.
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(1) anyone whose federal license to import, manufacture, or deal in firearms has been revoked, or whose license renewal application has been denied, to transfer business inventory firearms into a personal collection or to an employee of such person or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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

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