Tenney introduces legislation to make $3K of firearms exempt from bankruptcy

Press Release, Congresswoman Claudia Tenney

WASHINGTON, DC – Congresswoman Claudia Tenney (NY-24) today reintroduced the Protecting Gun Owners in Bankruptcy Act, reaffirming her commitment to defending the Second Amendment rights of all Americans, regardless of their financial status.

Additional cosponsors of this legislation include Representatives Mike Collins (GA-10), Burgess Owens (UT-4), and Randy Weber (TX-14).

The bill ensures that up to $3,000 worth of firearms are exempt from bankruptcy proceedings, recognizing them as essential property. Current federal law exempts a certain value of property from bankruptcy proceedings that allow the debtor to maintain a basic standard of living, such as musical instruments, jewelry and a television. However, federal law fails to provide a specific exemption for firearms, a constitutionally guaranteed right that allows individuals to defend themselves.

“The Second Amendment is a Constitutional right for all Americans, regardless of their financial situation,” said Congresswoman Tenney. “No American should ever be forced to forfeit their right to self-defense because they’re going through financial hardship. This legislation ensures that the Constitutional right to own a firearm is protected, no matter the financial situation.”