Summary

1/3/2013--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... Read More

Status

This bill was introduced on Jan 3, 2013, in a previous session of Congress, but was not passed.

Date Introduced
Jan 3, 2013

Co-Sponsors

d-60

Bill Text

A BILL

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States Code, to restrict the ability of a person whose Federal license to import, manufacture, or deal in firearms has been revoked, whose application to renew such a license has been denied, or who has received a license revocation or renewal denial notice, to transfer business inventory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

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Fire Sale Loophole Closing Act''.

SEC. 2. RESTRICTIONS ON THE ABILITY OF A PERSON WHOSE FEDERAL LICENSE TO IMPORT, MANUFACTURE, OR DEAL IN FIREARMS HAS BEEN REVOKED, WHOSE APPLICATION TO RENEW SUCH A LICENSE HAS BEEN DENIED, OR WHO HAS RECEIVED A LICENSE REVOCATION OR RENEWAL DENIAL NOTICE, TO TRANSFER BUSINESS INVENTORY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.

(a) Restrictions.--Section 922 of title 18, United States Code, is amended by adding at the end the following: ``(aa)(1)(A) It shall be unlawful for a person who has been notified by the Attorney General that the Attorney General has made a determination to revoke a license issued to the person under this chapter to import, manufacture, or deal in firearms, or to deny an application of the person to renew such a license, to-- ``(i) transfer a business inventory firearm of the person-- ``(I) into a personal collection of the person; or ``(II) to an employee of the person, or to an individual described in section...

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Sentiment Map

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Nation

27 Supporting
1129 Opposing
2% 98%

State: CA

3 Supporting
88 Opposing
3% 97%

District: 1st

0 Supporting
3 Opposing
0% 100%

Popularity Trend

Organizations Supporting

No organizations supporting yet.

Organizations Opposing

If passed, H.R. 93 would make it illegal for a person who has been notified by the Attorney General that the Attorney General has made a determination to revoke the person’s federal firearms license or deny a renewal thereof to: (1) transfer a business inventory firearm (a) into a personal collection OR (b) to an employee or, if the licensee is a business, an individual who possesses the power to direct the management and policies of the business. H.R. 93 would also make it illegal for person whose federal firearms license was revoked or not being renewed to receive a firearm that was a business inventory firearm of the person as of the date the person received notice of the revocation/denial from the Attorney General. After the license has been revoked, it would then become illegal for the person to transfer business inventory firearms to any person other than a law enforcement agency. The aforementioned provisions would not apply “with respect to a license revocation or denial determination that is rescinded.”

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If passed, H.R. 93 would make it illegal for a person who has been notified by the Attorney General that the Attorney General has made a determination to revoke the person’s federal firearms license or deny a renewal thereof to: (1) transfer a business inventory firearm (a) into a personal collection OR (b) to an employee or, if the licensee is a business, an individual who possesses the power to direct the management and policies of the business. H.R. 93 would also make it illegal for a person whose federal firearms license was revoked or not being renewed to receive a firearm that was a business inventory firearm of the person as of the date the person received notice of the revocation/denial from the Attorney General. After the license has been revoked, it would then become illegal for the person to transfer business inventory firearms to any person other than a law enforcement agency. The aforementioned provisions would not apply “with respect to a license revocation or denial determination that is rescinded.”

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If passed, H.R. 93 would make it illegal for a person who has been notified by the Attorney General that the Attorney General has made a determination to revoke the person’s federal firearms license or deny a renewal thereof to: (1) transfer a business inventory firearm (a) into a personal collection OR (b) to an employee or, if the licensee is a business, an individual who possesses the power to direct the management and policies of the business. H.R. 93 would also make it illegal for person whose federal firearms license was revoked or not being renewed to receive a firearm that was a business inventory firearm of the person as of the date the person received notice of the revocation/denial from the Attorney General. After the license has been revoked, it would then become illegal for the person to transfer business inventory firearms to any person other than a law enforcement agency. The aforementioned provisions would not apply “with respect to a license revocation or denial determination that is rescinded.”

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Florida Carry 2 years ago

This bill only serves to amplify the pain inflicted by the BATFE when a license is denied, revoked, or non-renewed. Considering the over-reaching of BATFE in recent years, we oppose any bill that strengthens their position and provides BATFE with more tools with which to abuse American citizens in the lawful pursuit of business. This bill would effectively destroy a firearms business at the will of the BATFE, without due process.

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Users Supporting

No constiutents supporting yet.

Users Opposing

I oppose The Fire Sale Loophole Closing Act because... infringement

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MA
8
MDez13
MA-8
11 months ago

I oppose H.R. 93: Fire Sale Loophole Closing Act because...this is the first step in doing away with the 2A rights if there is a compromise in such; you are in turn allowing a slippery slope to begin. It also would make it much harder for legal citizens to obtain firearms, which is a direct violation of the 2nd Amendment.

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RI
1
Anonymous1338986
RI-1
1 year ago

I oppose H.R. 93: Fire Sale Loophole Closing Act because...I will NOT compromise on my right to bear arms (of any kind)! Enforce existing law before attempting to erode the very right that keeps this country afloat.

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WI
3
dchaos
WI-3
1 year ago

I oppose H.R. 93: Fire Sale Loophole Closing Act because... The real purpose of this bill is to discourag an entire class of business owners, by making being FFL a dangerous and risky profession. Many FFL business owners, when faced with the additional risk of financial ruin and inprisonment, would choose to take up another profession. Ultimately, this bill is yet another method to restrict availability of legal arms to citizens.

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WA
7
cowboycraig
WA-7
1 year ago

I oppose H.R. 93: Fire Sale Loophole Closing Act because this law, like all the laws presented in violation of the Second Amendment and oaths to protect the U.S. Constitution, would have done nothing to prevent the crimes used to further gun control interests and only serves to attempt to limit the rights of law-abiding persons.

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MO
1
LifeGuided
MO-1
1 year ago

I oppose H.R. 93: Fire Sale Loophole Closing Act because... The Rights of the People to Poses, keep and Bare Arms shale not be INFRINGED UPON..

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WA
6
PeterLaserinko347821
WA-6
2 years ago

Bill Summary

1/3/2013--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.

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