Default Proceed Sale Transparency Act has not moved since its introduction on Feb 27, 2025, with cosponsors, all Democrats

Default Proceed Sale Transparency Act This bill establishes new requirements in the case of a firearm transfer by a federally licensed dealer, manufacturer, or importer to an unlicensed person prior to the completion of a background check. Current law permits these transactions—default-proceed transactions—if a submitted background check remains incomplete after three business days. With respect to a default-proceed transaction, the bill requires a federally licensed dealer, manufacturer, or importer to report the transfer to the Federal Bureau of Investigation (FBI) within 24 hours; requires the National Instant Criminal Background Check System (NICS) to prioritize completing the background check related to the transfer; and requires the NICS to retain records related to a proposed or completed firearm transfer until the background check is complete. Finally, the bill requires the FBI to report publicly on data related to default-proceed transactions. Further, it requires the Bureau of Alcohol, Tobacco, Firearms and Explosives to report publicly on data related to the firearms transferred in default-proceed transactions.