# 116-hr-8929: Default Proceed Sale Transparency Act

116-hr-8929, Default Proceed Sale Transparency Act, is a 116th Congress bill sponsored by Rep. Schneider, Bradley Scott [D-IL-10] (D-IL); status Referred to the House Committee on the Judiciary. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-8929
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-8929
- Congress: 116
- Title: Default Proceed Sale Transparency Act
- Status: Referred to the House Committee on the Judiciary.
- Introduced: 2020-12-09
- Sponsor: Rep. Schneider, Bradley Scott [D-IL-10] (D-IL)
- Cosponsors: 3
- Policy area: Crime and Law Enforcement
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Default Proceed Sale Transparency Act This bill establishes new requirements in the case of a firearm transfer by a licensed dealer, manufacturer, or importer to an unlicensed person prior to the completion of a background check. Current law permits such transactions—default proceed transactions—if a submitted background check remains incomplete after three business days.

## Cosponsors (3)

- Rep. Quigley, Mike [D-IL-5] (D-IL), 2020-12-09T00:00:00.000Z
- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2020-12-09T00:00:00.000Z
- Rep. Deutch, Theodore E. [D-FL-22] (D-FL), 2020-12-09T00:00:00.000Z

## Related bills

- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-8433: Preventing Future Pandemics Act of 2020
- 116-hr-8015: Delivering for America Act
- 116-hr-7806: SOS Act
- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act
- 116-hr-7481: RESTART Act

## Sources
- [116-hr-8929 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/8929)

## Related
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-8433: Preventing Future Pandemics Act of 2020](https://policyrisk.com/legislation/116-hr-8433)
- [116-hr-8015: Delivering for America Act](https://policyrisk.com/legislation/116-hr-8015)
- [116-hr-7806: SOS Act](https://policyrisk.com/legislation/116-hr-7806)
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [116-hr-7481: RESTART Act](https://policyrisk.com/legislation/116-hr-7481)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-8929 (as of 2025-11-18).