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.
Protecting Gun Owners in Bankruptcy Act of 2023
This bill modifies federal bankruptcy law to allow an individual debtor to exempt from their bankruptcy estate one or more firearms up to a total maximum value of $3,000. The bill also specifies that such firearms are household goods that are not subject to liens in bankruptcy.
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