To impose a deadline by which a person whose Federal firearms license has expired, or is surrendered, or revoked, must liquidate the firearms inventory of any business subject to the license, and for other purposes.
Fair Federal Firearms Licensing Act
This bill amends the federal criminal code to require a licensed gun dealer to liquidate the firearms inventory of a business by the end of the 60-day period following the expiration, surrender, or revocation of a federal firearms license.
It defines the term "willfully" with respect to violations of certain federal firearms laws, regulations, or requirements.
Introduced in House
Introduced in House
Referred to the House Committee on the Judiciary.
Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.
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