1. Short title This Act may be cited as the Default Proceed Sale Transparency Act . 2. Improvement of NICS procedures in the case of default firearm transfers (a) Requirement that federally licensed firearm importers, manufacturers, and dealers report default firearm transfers Section 922(t) of title 18, United States Code, is amended by adding at the end the following: (7) A licensed importer, licensed manufacturer, or licensed dealer who transfers a firearm in compliance with paragraph (1), but before the national instant criminal background check system provides the licensee with a unique identification number, shall immediately report the transfer to the Federal Bureau of Investigation. If a State or local law enforcement authority is conducting the related background check, the Federal Bureau of Investigation shall transmit the report to that authority. . (b) Prioritization of NICS background checks relating to default firearm transfers Section 103 of the Brady Handgun Violence Prevention Act ( 34 U.S.C. 40901 ) is amended by redesignating subsections (j) and (k) as subsections (k) and (l) and inserting after subsection (i) the following: (j) Prioritization of background checks related to default firearm transfers In the case of a transfer referred to in section 922(t)(7) of title 18, United States Code, the system established under this section shall give priority to completing the background check relating to the transfer. . (c) Prohibition on destruction of records relating to firearm transfer before completion of background check Section 103 of the Brady Handgun Violence Prevention Act ( 34 U.S.C. 40901 ), as amended by subsection (b)(1) of this section, is amended by redesignating subsections (k) and (l) as subsections (l) and (m) and inserting after subsection (j) the following: (k) Prohibition on destruction of records relating to firearm transfer before completion of related background check The system established under this section may not destroy any records of the system relating to a proposed or