OFFICIAL LEGAL TITLE
Default Proceed Sale Transparency Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_HR_817.
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 2023-02-02.
What are the main provisions?
Key points include:
- Licensed firearm dealers must report to the FBI within 24 hours any transfer where the firearm was released before the background check was finalized.
- The national background check system (NICS) must prioritize these delayed transfers to quickly determine if the buyer is legally prohibited from owning a firearm.
- New annual public reports will detail the number of such transfers, denials, and the success rate of retrieving firearms from ineligible buyers.
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. Schneider, Bradley Scott [D-IL-10].
What is the latest detailed status?
The latest detailed status is: Referred to the House Committee on the Judiciary.
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.