Protecting Gun Owners in Bankruptcy Act

Bill: 119-hr-4064
Sponsor: full_name: Rep. Tenney, Claudia [R-NY-24]
Introduced: 2025-06-20
Policy area: Finance and Financial Sector
Latest action: action_date: 2025-06-20
text: Referred to the House Committee on the Judiciary.

Summaries:

tv_txt: I 119th CONGRESS 1st Session H. R. 4064 IN THE HOUSE OF REPRESENTATIVES June 20, 2025 Ms. Tenney (for herself, Mr. Collins , Mr. Owens , and Mr. Weber of Texas ) introduced the following bill; which was referred to the Committee on the Judiciary A BILL 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.

1. Short title This Act may be cited as the Protecting Gun Owners in Bankruptcy Act . 2. Exemptions Section 522 of title 11, United States Code, is amended— (1) in subsection (d) by adding at the end the following: (13) The debtor's aggregate interest, not to exceed $3,000 in value, in a single firearm or firearms. ; and (2) in subsection (f)(4)(A)— (A) in clause (xiv) by striking and at the end; (B) in clause (xv) by striking the period at the end and inserting ; and ; and (C) by adding at the end the following: (xvi) The debtor's aggregate interest, not to exceed $3,000 in value, in a single firearm or firearms. . 3. Effective date; application of amendments (a) Effective date Except as provided in subsection (b), this Act and the amendments made by this Act shall take effect on the date of the enactment of this Act. (b) Application of amendments The amendments made by this Act shall apply only with respect to cases commenced under title 11 of the United States Code on or after the date of the enactment of this Act.