H.R. 7027 · 115th Congress
Default Proceed Sale Transparency Act
- Stage
- In committee
- Sponsor
- Brad Schneider
- Introduced
- 2018-10-02
- Latest action
- 2018-11-15 · Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
Summary
Default Proceed Sale Transparency Act
This bill establishes new requirements in the case of a firearm transfer by a licensed dealer, manufacturer, or importer to an unlicensed person prior to the completion of a background check. Current law permits such transactions—default proceed transactions—if a submitted background check remains incomplete after three business days.