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New Bill: Representative Norma J. Torres introduces H.R. 4270: Multiple Firearm Sales Reporting Modernization Act of 2025

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We have received text from H.R. 4270: Multiple Firearm Sales Reporting Modernization Act of 2025. This bill was received on 2025-06-30, and currently has 22 cosponsors.

Here is a short summary of the bill:

The bill titled the "Multiple Firearm Sales Reporting Modernization Act of 2025" aims to change the regulations around how firearms sales are reported by federal firearms licensees. Currently, federal law requires that sales of two or more handguns to the same unlicensed person be reported to the authorities within five consecutive business days. This bill proposes to expand that requirement to include all types of firearms, not just handguns.

Key Provisions of the Bill

  • Reporting Requirement: Federal firearms licensees would be mandated to report any sale of two or more firearms (including rifles, shotguns, and handguns) to the same unlicensed purchaser within five consecutive business days.
  • Expansion of Scope: The bill modifies existing law by removing the limitation that applies only to pistols and revolvers, thereby encompassing all firearms.
  • Goal of the Legislation: This change aims to enhance the ability of law enforcement to track potential illegal firearm purchases and may be intended to address concerns related to gun trafficking and violence.

The bill is currently at the introductory stage in the House of Representatives and must go through the legislative process to be enacted into law. The introduction of this bill reflects ongoing discussions in Congress regarding firearm regulation and the monitoring of sales to ensure public safety.

Impact on Federal Firearms Licensees

Should this bill become law, federal firearms licensees – including gun dealers and retailers – would need to implement updated reporting mechanisms to comply with the new requirements. This could involve additional administrative work and potentially new systems for tracking and reporting sales of various types of firearms.

Relevant Companies

  • Ruger (RGR) - As a manufacturer of firearms, Ruger may experience changes in sales tracking and reporting practices due to increased regulatory requirements.
  • American Outdoor Brands (AOBC) - This company, which operates in the firearms industry, may be impacted by shifts in consumer purchasing patterns if buyers are discouraged by the stricter reporting requirements.
  • Taurus (THRY) - As a producer of firearms, Taurus may face similar implications as Ruger regarding compliance with the new sales reporting requirements.

Representative Norma J. Torres Bill Proposals

Here are some bills which have recently been proposed by Representative Norma J. Torres:

  • H.R.4270: To amend title 18, United States Code, to expand to all firearms the requirement that Federal firearms licensees report sales of 2 or more handguns to the same unlicensed person within 5 consecutive business days.
  • H.R.4247: Asbestos Exposure in Housing Reduction Act of 2025
  • H.R.4208: Taxpayer Protection Act
  • H.R.3611: Veterans Skilled Trades Transition Act
  • H.R.3571: Veterans Administration Backlog Accountability Act of 2025
  • H.R.3374: Pink Tax Repeal Act

You can track bills proposed by Representative Norma J. Torres on Quiver Quantitative's politician page for Torres.

Representative Norma J. Torres Net Worth

Quiver Quantitative estimates that Representative Norma J. Torres is worth $115.5K, as of July 22nd, 2025. This is the 412th highest net worth in Congress, per our live estimates.

Torres has approximately $0 invested in publicly traded assets which Quiver is able to track live.

You can track Representative Norma J. Torres's net worth on Quiver Quantitative's politician page for Torres.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

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