H.R. 8929 · 116th Congress
Default Proceed Sale Transparency Act
- Stage
- In committee
- Sponsor
- Brad Schneider
- Introduced
- 2020-12-09
- Latest action
- 2020-12-09 · Introduced in House
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.