Firearm Importation Fairness Act of 2014 - Amends the federal criminal code to eliminate the requirement that a firearm or ammunition be particularly suitable for sporting purposes in order for such firearm or ammunition to be authorized to be: (1) imported into the United States; or (2) shipped to a member of the Armed Forces on active duty outside the United States, to a club composed of such members, or to the U.S. residence of such a member.
Prohibits the Attorney General from authorizing the importation of armor piercing ammunition, incendiary ammunition, or tracer ammunition.