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Protecting Gun Owners in Bankruptcy Act of 2023
1/18/2024, 6:05 AM
Congressional Summary of HR 962
Protecting Gun Owners in Bankruptcy Act of 2023
This bill modifies federal bankruptcy law to allow an individual debtor to exempt from their bankruptcy estate one or more firearms up to a total maximum value of $3,000. The bill also specifies that such firearms are household goods that are not subject to liens in bankruptcy.
Read the Full Bill
Current Status of Bill HR 962
Bill HR 962 is currently in the status of Bill Introduced since February 9, 2023. Bill HR 962 was introduced during Congress 118 and was introduced to the House on February 9, 2023. Bill HR 962's most recent activity was Referred to the House Committee on the Judiciary. as of February 9, 2023
Bipartisan Support of Bill HR 962
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
3Democrat Cosponsors
0Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 962
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 962
Protecting Gun Owners in Bankruptcy Act of 2023
Protecting Gun Owners in Bankruptcy Act of 2023
To amend title 11 of the United States Code to include firearms in the types of property allowable under the alternative provision for exempting property from the estate.
Comments
Sponsors and Cosponsors of HR 962
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