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S 4812 · 117th Congress

Fire Sale Loophole Closing Act

<p><b>Fire Sale Loophole Closing Act</b></p> <p>This bill imposes restrictions on the transfer of business inventory firearms by a firearms importer, manufacturer, or dealer whose license is revoked or denied. </p> <p>An individual who violates the restrictions is subject to criminal penalties&#8212;a fine, prison…

Sponsor
Booker, Cory A. (D-NJ)
Introduced
2022-09-08
Policy area
Crime and Law Enforcement
Latest action
Read twice and referred to the Committee on the Judiciary.

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