Bill · H.R. 1740· House(119-HR-1740)
Default Proceed Sale Transparency Act
- Introduced
- 2/27/2025
- Last activity
- 2/27/2025 — Referred to the House Committee on the Judiciary.
- Sponsored by
- Bradley Schneider
- Cosponsors
- - 2 - 0
- Introduced
- In Committee
What this bill would do
The Default Proceed Sale Transparency Act aims to improve National Instant Criminal Background Check System (NICS) procedures for firearm transfers. It requires licensed importers, manufacturers, and dealers who transfer firearms before a background check is complete to report the transfer to the FBI within 24 hours. The Attorney General must establish an online portal and telephone hotline to facilitate these reports and prioritize these specific background checks. Additionally, the bill prohibits the destruction of records related to a firearm transfer until the criminal background check is finished. Finally, the act mandates annual public reports from the FBI and the ATF regarding these default transfers and subsequent firearm recoveries.
Yes
Does this make what the government does easier for the public to see?+6
The bill mandates annual public reports from the FBI and ATF regarding default firearm transfers and recoveries.
Does this put more limits on buying or owning guns?+5
The bill enhances oversight of firearm transfers by requiring rapid reporting and priority background check processing.
The opposite
Would business owners be better off under this?-3
The bill creates new administrative reporting obligations for firearm-related businesses.
Does this make it easier to run a small business?-3
The bill imposes new 24-hour reporting requirements on licensed importers, manufacturers, and dealers.
Would gun owners be better off under this?-2
The bill increases government monitoring and reporting requirements surrounding firearm transfers.
Who it would affect, and how
Potential Positive Impacts for People
-
Faster Background Check Processing: The bill mandates that the system give priority to completing background checks related to these specific default firearm transfers (Section 2(b)).
-
Improved Reporting Efficiency: The Attorney General is required to create an online portal and a telephone hotline to allow for the reporting of information to help prioritize background checks (Section 2(a)(2)).
-
Enhanced Data Transparency: The FBI and the ATF are required to make annual written reports accessible to the public regarding the number of default transfers, the reasons for violations, and the recovery of firearms (Section 3(a) and Section 3(b)).
-
Preservation of Critical Information: The bill prohibits the destruction of records relating to a proposed or completed firearm transfer until the criminal background check is completed (Section 2(c)).
Potential Negative Impacts for People
- New Reporting Requirements for Professionals: Licensed firearm importers, manufacturers, and dealers are now required to report a transfer to the FBI within 24 hours if the transfer occurs before the NICS provides a unique identification number (Section 2(a)(1)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+6
- Demographic And Interest Groups
- Good For Business Owners-3Good For Gun Owners-2
- Social Issues And Justice
- Improves Gun Control Measures+5
- Economy And Finance
- Improves Small Business Support-3
- 2/27/2025
- Referred to the House Committee on the Judiciary.
- 2 Cosponsors added.
- Introduced in House
Jimmy PanettaDemocrat · California
Mike QuigleyDemocrat · Illinois