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Protecting Gun Owners in Bankruptcy Act

In committee: it can still change before the session ends.

US HR 4064 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
5
Latest action
Jun 20, 2025

What it does

The Protecting Gun Owners in Bankruptcy Act would amend federal bankruptcy law to allow individuals filing for bankruptcy to exempt up to $3,000 in value of firearms from their bankruptcy estate, protecting those assets from being liquidated to pay creditors. The bill modifies Section 522 of Title 11 of the U.S. Code by adding a new exemption for firearms in both the general exemptions subsection (d) and the list of specific exemptions under subsection (f)(4)(A). The changes would apply only to bankruptcy cases filed on or after the date the bill is enacted.

No official summary is available here. This one was written by AI from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Jun 20, 2025

  2. Committee (Current step)

    In committee · Jun 20, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

Reporting that may mention this subject. Possible matches are labeled.

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Protecting Gun Owners in Bankruptcy Act | 52