model confidence 90%
Repeals the $200 transfer tax on NFA firearms, so lower cost and fewer restrictions on buying, owning and transferring them.
Section 5811 of the Internal Revenue Code of 1986 is hereby repealed.
✓ Quote verified word for word in the bill text
model confidence 80%
Repeals the $200 transfer tax on NFA firearms, so lower cost and fewer restrictions on buying, owning and transferring them.
To amend the Internal Revenue Code of 1986 to repeal the firearm transfer tax, and for other purposes.
✓ Quote verified word for word in the bill text
Stage: Committee · step 2 of 6
Why the model tagged it this way: The bill repeals the NFA firearm transfer tax (section 5811) and makes conforming amendments, reducing financial barriers to transfers of NFA items like suppressors and short-barreled rifles; this expands the firearms axis per the topic definition. The rule of construction is neutral as it maintains the status quo on regulation. No other listed topics are substantively addressed.
| Date | Chamber | Action |
|---|---|---|
| 2025-04-01 | Libra | Introduced in House |
| 2025-04-01 | Libra | Introduced in House |
| 2025-04-01 | House | Referred to the House Committee on Ways and Means. |