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Bill > HR1740


US HR1740

US HR1740
Default Proceed Sale Transparency Act


summary

Introduced
02/27/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A BILL To improve the procedures of the national instant criminal background check system in the case of firearm transfers by federally licensed firearms importers, manufacturers, and dealers before the completion of the related criminal background check, and to provide for annual reports on default firearm transfers.

AI Summary

This bill aims to improve the National Instant Criminal Background Check System (NICS) procedures for firearm transfers by requiring licensed firearms importers, manufacturers, and dealers to report certain firearm transfers within 24 hours when a background check is not immediately completed. The bill mandates the creation of an online portal and telephone hotline for reporting these transfers and requires the FBI to prioritize background checks for such cases. It prohibits the destruction of records related to firearm transfers before the background check is completed. Additionally, the bill requires annual public reports from the FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) detailing the number of default firearm transfers, including information such as the number of background checks completed, firearms retrieved from prohibited transferees, and firearms recovered during criminal investigations. The reports will be disaggregated by state and will provide detailed statistics about these transfers. The goal of the bill is to increase transparency and improve the tracking of firearm transfers that occur before a comprehensive background check is finished, with the underlying intent of preventing firearms from reaching individuals who are legally prohibited from possessing them.

Committee Categories

Justice

Sponsors (3)

Last Action

Referred to the House Committee on the Judiciary. (on 02/27/2025)

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