HR 1740
Default Proceed Sale Transparency Act
Summary
Default Proceed Sale Transparency Act This bill establishes new requirements in the case of a firearm transfer by a federally licensed dealer, manufacturer, or importer to an unlicensed person prior to the completion of a background check. Current law permits these transactions—default-proceed transactions—if a submitted background check remains incomplete after three business days. With respect to a default-proceed transaction, the bill requires a federally licensed dealer, manufacturer, or importer to report the transfer to the Federal Bureau of Investigation (FBI) within 24 hours; requires the National Instant Criminal Background Check System (NICS) to prioritize completing the background check related to the transfer; and requires the NICS to retain records related to a proposed or completed firearm transfer until the background check is complete. Finally, the bill requires the FBI to report publicly on data related to default-proceed transactions. Further, it requires the Bureau of Alcohol, Tobacco, Firearms and Explosives to report publicly on data related to the firearms transferred in default-proceed transactions.
Bill status
- Status
- In committee
- Sponsor
- Rep. Bradley Scott Schneider [D-IL-10]
- Cosponsors
- 2
- Policy area
- Crime and Law Enforcement
- Introduced
- 2025-02-27
- Latest action
- 2025-02-27: Referred to the House Committee on the Judiciary.
Committee referrals
Recent actions
- 2025-02-27: Referred to the House Committee on the Judiciary.
- 2025-02-27: Introduced in House
- 2025-02-27: Introduced in House