Fire Sale Loophole Closing Act
Latest action · Jan 25, 2013 Referred to the Subcommittee on Crime, Terrorism, Homeland Security, And Investigations.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 3, 2013
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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criminal code to make it unlawful for: (1) anyone whose federal license to import, manufacture, or deal in firearms has been revoked, or whose license renewal application has been denied, to transfer business inventory firearms into a personal collection or to an employee of such person or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.
Cosponsors 68
Members who signed on, in the order they did. Signatures ran from Jan 4, 2013 to Mar 14, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MD | Chris Van Hollen | Jan 4, 2013 | |
| D-CA | Doris O. Matsui | Jan 4, 2013 | |
| D-MA | Edward J. Markey | Jan 4, 2013 | |
| D-DC | Eleanor Holmes Norton | Jan 4, 2013 | |
| D-WI | Gwen Moore | Jan 4, 2013 | |
| D-VA | James P. Moran | Jan 4, 2013 | |
| D-RI | James R. Langevin | Jan 4, 2013 | |
| D-IL | Janice D. Schakowsky | Jan 4, 2013 | |
| D-NY | Louise McIntosh Slaughter | Jan 4, 2013 | |
| D-MA | Niki Tsongas | Jan 4, 2013 | |
| D-AZ | Raúl M. Grijalva | Jan 4, 2013 | |
| D-FL | Theodore E. Deutch | Jan 4, 2013 | |
| D-MA | William R. Keating | Jan 4, 2013 | |
| D-FL | Alcee L. Hastings | Jan 14, 2013 | |
| D-PA | Allyson Y. Schwartz | Jan 14, 2013 |
Actions 3
Everything that happened, newest first.
- Jan 25, 2013Referred to the Subcommittee on Crime, Terrorism, Homeland Security, And Investigations.
- Jan 3, 2013Introduced in House
- Jan 3, 2013Referred to the House Committee on the Judiciary.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 238 | Fire Sale Loophole Closing Act | Identical bill | Jan 25, 2013 |
Subjects
Assigned by the Library of Congress. Policy area: Crime and Law Enforcement.
Text 1
Each version as it was printed, newest first.
- Jan 3, 2013Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.