1. Short title This Act may be cited as the Protect America Act of 2017 . 2. Granting the Attorney General the Authority To Deny the Sale, Delivery, or Transfer of Firearms to Known or Suspected Terrorists; Requiring Information-Sharing Regarding Attempted Firearms Purchases by Known or Suspected Terrorists; Authorizing the Investigation of Known or Suspected Terrorists Who Attempt To Purchase Firearms (a) Short Title This section may be cited as the Preventing Terrorists From Obtaining Firearms Act of 2017 . (b) Amendment Section 922(t) of title 18, United States Code, is amended by adding at the end the following: (7) (A) If the Attorney General is notified of a request to transfer a firearm to a person who is being investigated, or has been investigated during the preceding 5 years, as a known or suspected terrorist, the Attorney General shall— (i) as appropriate, take further steps to confirm the identity of the prospective transferee and confirm or rule out the suspected nexus to terrorism of the prospective transferee; (ii) as appropriate, notify relevant Federal, State, or local law enforcement agencies or intelligence agencies concerning the identity of the prospective transferee; and (iii) determine whether the prospective transferee is already the subject of an ongoing terrorism investigation and, as appropriate, initiate such an investigation. (B) Upon being notified of a prospective transfer under subparagraph (A), the Attorney General or the United States attorney for the district in which the licensee is located may— (i) delay the transfer of the firearm for a period not to exceed 72 hours