Closing the Bump Stock Loophole Act of 2025
Summary
HR2799 (Closing the Bump Stock Loophole Act) is an early-stage House bill referred to committee. It bans bump stocks and rate-of-fire increasing devices. Despite the bearish headline for $RGR and $SWBI, both stocks have rallied 0.78%-2.53% (7-day) and 6.76%-7.33% (30-day) as of April 30, 2026, indicating markets see negligible near-term financial impact from this procedural bill. Actual market data shows no negative pricing signal.
See which stocks are affected
Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.
Already have an account? Log in
Key Takeaways
- 1.HR2799 is early-stage (referred to committee) with a low probability of passage in the 119th Congress.
- 2.The bill bans bump stocks and rate-of-fire accessories — a tiny fraction of the firearm accessory market.
- 3.$RGR and $SWBI stock prices have risen 6.8% and 7.3% over the last 30 days, confirming no market concern.
- 4.Both companies derive minimal revenue from bump stock-type products; core firearm sales are unaffected.
- 5.No government funding, contracts, or tax incentives are associated with this bill — it is purely prohibitory.
Market Implications
As of April 30, 2026, trades at $42.80 and $SWBI at $15.38. Both stocks have appreciated over the past 7 and 30 days, indicating the market correctly views HR2799 as non-material. Bump stocks represent such a small percentage of revenue that even if passed, the financial impact on and $SWBI would be negligible (estimated <$0.5M annually each). Investors should not alter positions based on this bill. The real risk to firearm manufacturers remains broader federal firearms legislation (e.g., universal background checks, assault weapon bans), none of which are active in the current or companion bills. Watch for committee markups or a companion Senate vote as triggers for reassessment, but current legislative velocity is zero.
Full Analysis
On April 9, 2025, Representative Titus (D-NV) introduced HR2799, the Closing the Bump Stock Loophole Act of 2025. The bill amends 18 U.S.C. to prohibit the import, sale, manufacture, transfer, receipt, or possession of devices that materially increase a semiautomatic firearm's rate of fire — including bump stocks and similar conversion devices. It also adds modified semiautomatic firearms to the National Firearms Act regulatory framework. The bill was referred to both the Judiciary and Ways & Means Committees. It has 150 cosponsors (all Democrats and some Republicans) and a companion bill, S1374 ('BUMP Act'), in the Senate. As of April 30, 2026, the bill remains in committee with no further action. The legislative path requires full House and Senate passage and presidential signature — a low probability in this divided Congress.
The bill authorizes zero direct funding. It imposes a compliance burden on manufacturers and owners: existing bump stock owners must dispose of devices within 120 days of enactment. There is no government procurement or grant program involved. This is purely a regulatory prohibition reducing the addressable market for a niche accessory category.
Real market data from Yahoo Finance shows trading at $42.80 (7-day +0.78%, 30-day +6.76%) and $SWBI at $15.38 (7-day +2.53%, 30-day +7.33%). Both stocks are within their 52-week ranges ($RGR: $28.33–$48.21; $SWBI: $7.73–$15.74) and have been trending upward over the past month. There is no evidence that the market is discounting any impact from this bill — consistent with its early-stage, low-passage-probability status.
The next procedural steps: committee markup (if scheduled), House floor vote, Senate passage of identical or reconciled language, then presidential action. Given the 2026 midterm election year and partisan divide on gun policy, this bill likely stalls at committee level.
Intelligence Surface
Cross-referenced against federal contracts, SEC insider filings & congressional trade disclosures
No confirming evidence found yet from contracts, insider trades, or congressional activity
What the bill does
Prohibition on manufacture, sale, transfer, and possession of bump stock devices and rate-of-fire increasing accessories under 18 U.S.C. § 922(v).
Who must act
Firearm and firearms accessories manufacturers including Smith & Wesson Brands, Inc.
What happens
Bans a narrow product category; reduces addressable accessory market but does not affect core firearm manufacturing or sales.
Stock impact
SWBI primarily manufactures handguns and long guns. Bump stock accessories are tangential to core business. The ban removes a compliance liability but does not materially impact revenue or margins.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
SHUSH Act
District of Columbia Firearm Freedom Act
Assault Weapons Ban of 2025
SHUSH Act
To amend the Consumer Product Safety Act to remove the exclusion of pistols, revolvers, and other firearms from the definition of consumer product in order to permit the issuance of safety standards for such articles by the Consumer Product Safety Commission.
No Retaining Every Gun In a System That Restricts Your Rights Act
RAUMA MARINE CONSTRUCTIONS OY: $1.1B Department of Homeland Security Contract
BOLLINGER SHIPYARDS LOCKPORT, L.L.C.: $1.3B Department of Homeland Security Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Adjusting Imports of Polysilicon and its Derivatives into the United States
This proclamation invokes Section 232 of the Trade Expansion Act to impose a minimum import price (MIP) program on polysilicon and its derivatives, a 15% ad valorem tariff on polysilicon derivatives, and directs the Secretary of Commerce to offer incentives for domestic production. It aims to protect and revive the U.S. polysilicon industry by restricting imports that threaten national security, particularly for semiconductor and solar supply chains.
To Facilitate Positive Adjustment to Competition from Imports of Quartz Surface Products
This proclamation imposes a 4-year tariff-rate quota on imports of quartz surface products (QSP) to protect the domestic industry from serious injury caused by increased imports. It excludes Canada, Mexico, Australia, CAFTA-DR countries, Colombia, Israel, Jordan, Korea, Panama, Peru, Singapore, and CBERA beneficiaries, and provides a developing-country exemption. The action is a safeguard measure under section 202 of the Trade Act of 1974.
Presidential Determination Pursuant to Section 101 of the Defense Production Act of 1950, as Amended, on Recoverable Critical Minerals and Materials
This memorandum invokes the Defense Production Act (DPA) Section 101 to declare that recoverable critical minerals and materials (such as black mass, end-of-life rare-earth magnets, and scrap) are essential to national defense and that the U.S. cannot meet defense needs without disrupting civilian markets. It directs the Secretary of Commerce to issue regulations and take actions—including priority contracts and supply-chain interventions—to rapidly expand domestic recovery and processing of these materials, while explicitly excluding copper scrap already covered by a separate proclamation.
Free — no credit card
Get the next market-moving signal before the news does
HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.
Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan · No credit card · Unsubscribe in one click
Want the live terminal too? Create a free account →