HR962-118

Introduced

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.

118th Congress Introduced Feb 9, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill exempts exemptions Section 522 of title 11, United States Code, is amended— 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. It relies on definition changes and exemptions. The main policy areas are Regulated Industries.

Who Benefits and How

Regulated entities and members of the public affected by the bill could face lower compliance burdens.

Who Bears the Burden and How

Public beneficiaries or protected communities affected by the clause could face increased risk.

Key Provisions

  • Exempts exemptions Section 522 of title 11, United States Code, is amended— 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...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill exempts exemptions Section 522 of title 11, United States Code, is amended— 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.

Key Policy Areas

Regulated Industries

Primary Purpose

The bill exempts exemptions Section 522 of title 11, United States Code, is amended— 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.

Policy Domains

Regulated Industries

Whole bill

Identified Gains
  • Regulated entities and members of the public affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Regulated entities and members of the public affected by the bill:
Identified Costs
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Public beneficiaries or protected communities affected by the clause:

Legislative Progress

Introduced
Introduced Committee Passed
Feb 9, 2023

Ms. Tenney (for herself, Mr. Gosar, Mr. Weber of Texas, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Regulated Industries

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology