118th Congress · HOUSE BILLBILL

H.R. 962 — 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.”

Finance and financial sector

Introduced Feb 9, 2023

Last action Feb 9, 2023

Pipeline · Bill → Law

Step 1

Introduced

Feb 9, 2023

Step 2

Referred

Feb 9, 2023

Judiciary

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

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.

Provisions · 3 sectionsIntroduced in House

Timeline · 2 actions

Feb 9, 2023

Introduced in House

Feb 9, 2023

Referred to the House Committee on the Judiciary.