Bills/H.R. 4222

Fire Sale Loophole Closing Act of 2025

Fire Sale Loophole Closing Act of 2025

In CommitteeJudiciaryHouseHouse Bill · 119th Congress
Bill Progress · House
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Fire Sale Loophole Closing Act of 2025 - Summary **What the Bill Would Do:** The Fire Sale Loophole Closing Act of 2025 aims to close what sponsors describe as a "fire sale loophole"—though the specific details of what loophole it targets are not detailed in the available information. Based on the title, the bill likely addresses situations where assets or properties are sold hastily at below-market prices, possibly in ways that current law allows but the bill's sponsors believe should be restricted or regulated differently. **Who It Affects and Current Status:** Without access to the bill's full text, the precise impact is unclear, but such legislation typically affects businesses, property owners, or investors who engage in rapid asset sales.

The bill was introduced by Representative Madeleine Dean (D-PA) and is currently in committee, meaning it has not yet advanced to a full House vote. To understand the specific provisions and who would be most affected, you would need to review the complete bill text on Congress.gov. **Next Steps:** For more detailed information about this bill's specific provisions and impacts, the full text should be available through official congressional resources.

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Latest Action

June 27, 2025

Referred to the House Committee on the Judiciary.

Sponsor

Key Dates

Introduced
June 27, 2025
Last Updated
June 27, 2025
Read Full Text on Congress.gov →
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