Section 1. Short title
This Act may be cited as the Protecting Gun Owners in Bankruptcy Act.
Section 2. Exemptions
Section 522 of title 11, United States Code, is amended—
(1) in subsection (d) by adding at the end the following:; and
(13) The debtor's aggregate interest, not to exceed $3,000 in value, in a single firearm or firearms.
(2) in subsection (f)(4)(A)—
(A) in clause (xiv) by striking and at the end;
(B) in clause (xv) by striking the period at the end and inserting; and; and
(C) by adding at the end the following:
(xvi) The debtor's aggregate interest, not to exceed $3,000 in value, in a single firearm or firearms.
(a) Effective date
Except as provided in subsection (b), this Act and the amendments made by this Act shall take effect on the date of the enactment of this Act.
(b) Application of amendments
The amendments made by this Act shall apply only with respect to cases commenced under title 11 of the United States Code on or after the date of the enactment of this Act.