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New Rules for Gun Dealers Losing Licenses

This bill changes the rules for people who lose their federal license to sell or make guns. It stops them from moving their business guns into their personal collection or selling them to unlicensed people after their license is revoked or denied.
Key points
If a gun dealer loses their license, they cannot keep their business guns for themselves or give them to employees.
After losing their license, they must transfer their remaining business guns only to other licensed dealers or law enforcement.
Breaking these new rules can lead to fines or prison time.
Notices about losing a license will now clearly explain these restrictions.
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Status:
Expired
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Additional Information
Print number: 117_HR_6213
Sponsor: Rep. Cicilline, David N. [D-RI-1]
Process start date: 2021-12-09
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-04-17
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Fire Sale Loophole Closing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6213.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-12-09.

What are the main provisions?

Key points include:

  • If a gun dealer loses their license, they cannot keep their business guns for themselves or give them to employees.
  • After losing their license, they must transfer their remaining business guns only to other licensed dealers or law enforcement.
  • Breaking these new rules can lead to fines or prison time.
  • Notices about losing a license will now clearly explain these restrictions.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Cicilline, David N. [D-RI-1].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

What is the impact of this bill?

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Courts and Law Security