US Congress House Bill 2916 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 50-0)
Status: Introduced on June 25 2015 - 25% progression, died in committee
Action: 2015-07-09 - Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
Pending: House Subcommittee on Crime, Terrorism, Homeland Security, And Investigations Committee
Text: Latest bill text (Introduced) [PDF]

Fire Sale Loophole Closing Act This bill 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criminal code to make it unlawful for: (1) anyone whose federal license to import, manufacture, or deal in firearms has been revoked, or whose license renewal application has been denied, to transfer business inventory firearms into a personal collection or to an employee of such person or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. The bill imposes a fine and/or prison term of not more than one year for violations of this Act (five years for willful violations).

Fire Sale Loophole Closing Act

Rep. David Cicilline [D-RI]	Rep. Michael Doyle [D-PA]	Rep. James Himes [D-CT]	Rep. Gwen Moore [D-WI]
Rep. Gregory Meeks [D-NY]	Sen. Chris Van Hollen [D-MD]	Rep. William Keating [D-MA]	Rep. Keith Ellison [D-MN]
Rep. Niki Tsongas [D-MA]	Rep. Matthew Cartwright [D-PA]	Rep. Daniel Lipinski [D-IL]	Rep. Katherine Clark [D-MA]
Rep. Sam Farr [D-CA]	Rep. Janice Schakowsky [D-IL]	Rep. Steve Israel [D-NY]	Rep. Grace Napolitano [D-CA]
Rep. Rosa DeLauro [D-CT]	Rep. Diana DeGette [D-CO]	Rep. James Langevin [D-RI]	Rep. Louise Slaughter [D-NY]
Rep. Mark Pocan [D-WI]	Rep. Kathy Castor [D-FL]	Rep. Chellie Pingree [D-ME]	Rep. Zoe Lofgren [D-CA]
Rep. Marcia Fudge [D-OH]	Rep. Frederica Wilson [D-FL]	Rep. Lois Capps [D-CA]	Rep. Raul Grijalva [D-AZ]
Rep. Jerrold Nadler [D-NY]	Rep. Bill Pascrell [D-NJ]	Rep. Eric Swalwell [D-CA]	Rep. Grace Meng [D-NY]
Rep. Elizabeth Esty [D-CT]	Rep. Betty McCollum [D-MN]	Rep. Earl Blumenauer [D-OR]	Rep. Suzanne Bonamici [D-OR]
Rep. Judy Chu [D-CA]	Rep. Janice Hahn [D-CA]	Rep. Eliot Engel [D-NY]	Rep. James McGovern [D-MA]
Rep. Julia Brownley [D-CA]	Rep. Doris Matsui [D-CA]	Rep. John Sarbanes [D-MD]	Rep. Charles Rangel [D-NY]
Rep. Eleanor Norton [D-DC]	Sen. Tammy Duckworth [D-IL]	Rep. Carolyn Maloney [D-NY]	Rep. Brendan Boyle [D-PA]
Rep. Mark Takai [D-HI]	Rep. Juan Vargas [D-CA]

Date	Chamber	Action
2015-07-09	House	Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
2015-06-25	House	Referred to the House Committee on the Judiciary.
2015-06-25	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/2916/all-info
Text	https://www.congress.gov/114/bills/hr2916/BILLS-114hr2916ih.pdf