H.R. 7493 · 117th Congress · House

Protecting Gun Owners in Bankruptcy Act of 2022

Active· Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Introduced
Apr 11, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Protecting Gun Owners in Bankruptcy Act of 2022

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.