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A bill to repeal the National Firearms Act of 1934 has been sent to the 118th Congress

Posted on 1/14/25 at 12:09 am
Posted by finchmeister08
Member since Mar 2011
37909 posts
Posted on 1/14/25 at 12:09 am
https://www.congress.gov/bill/118th-congress/house-bill/450/text

quote:

118th CONGRESS
1st Session
H. R. 450

To amend the Internal Revenue Code of 1986 to repeal the National Firearms Act.

IN THE HOUSE OF REPRESENTATIVES
January 24, 2023
Mr. Burlison (for himself, Mr. Gaetz, Mr. Biggs, Mrs. Miller of Illinois, Mr. Ogles, and Mr. Gosar) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL
To amend the Internal Revenue Code of 1986 to repeal the National Firearms Act.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Repeal the NFA Act”.

SEC. 2. Repeal of National Firearms Act.

Chapter 53 of the Internal Revenue Code of 1986, and the item relating to such chapter in the table of chapters for subtitle E, are hereby repealed.
Posted by CSATiger
The Battlefield
Member since Aug 2010
6573 posts
Posted on 1/14/25 at 2:16 am to
this was two years ago, current congress is the 119th
This post was edited on 1/14/25 at 2:19 am
Posted by finchmeister08
Member since Mar 2011
37909 posts
Posted on 1/14/25 at 5:44 am to
it's been reintroduced by the same guy that wrote the one in the OP.

quote:

it hasn't been printed, yet.


bunch of guntubers were talking about it last night.


Posted by bayoudude
Member since Dec 2007
25524 posts
Posted on 1/14/25 at 7:44 am to
Even if they can get short barrel rifles/ shotguns and suppressors removed it would be a huge win. I’m ok with full auto being regulated though I think we should be able to buy and register new production and not be limited to pre 1987 date of manufacture
Posted by LoneStarTiger
Lone Star State
Member since Aug 2004
16215 posts
Posted on 1/14/25 at 7:47 am to
quote:

I’m ok with full auto being regulated


that's not how this works
Posted by TigersnJeeps
FL Panhandle
Member since Jan 2021
2410 posts
Posted on 1/14/25 at 8:17 am to
My guess is that this is too big a bite for Congress to swallow...

Maybe chipping away provision by provision as an alternative or even parallel effort...
Posted by bayoudude
Member since Dec 2007
25524 posts
Posted on 1/14/25 at 8:26 am to
That is my thought process as well. Use the gun grabber tactic of death by a thousand cuts. If you can get just some of it repealed it’s a step in the right direction.
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
17855 posts
Posted on 1/14/25 at 8:47 am to
quote:

My guess is that this is too big a bite for Congress to swallow...


Has the government ever willfully given up a revenue stream? Unless the bill still includes a $200 tax in the fine print and just eliminates the approval process, I’ll hold my breath.
Posted by finchmeister08
Member since Mar 2011
37909 posts
Posted on 1/14/25 at 9:19 am to
they'd want to increase the stamp cost most definitely to account for inflation.


$200 in June of 1934 = $4,708.85 in November of 2024
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
74929 posts
Posted on 1/14/25 at 9:25 am to
As long as we only repeal and don't add I am fine. If we somehow get in a weird spot where auto is allowed, but tax stamps are like 2k for everything, I will be annoyed.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
65899 posts
Posted on 1/14/25 at 1:13 pm to
quote:

Has the government ever willfully given up a revenue stream?


The revenue generated from every suppressor in the wild is something like $300 million. We spent that as I typed this post, but you're not wrong on your skepticism. Hopefully the amount will be mentioned.
Posted by jdavid1
Member since Jan 2014
2527 posts
Posted on 1/14/25 at 1:22 pm to
I also want all the money I spent on stamps given back to me.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
65899 posts
Posted on 1/14/25 at 1:52 pm to
quote:

I also want all the money I spent on stamps given back to me.


Posted by Stateguy
Baton Rouge
Member since Dec 2006
918 posts
Posted on 1/15/25 at 5:45 am to
quote:

I also want all the money I spent on stamps given back to me.


Posted by diat150
Louisiana
Member since Jun 2005
45988 posts
Posted on 1/15/25 at 1:41 pm to
absolutely no way the government actually makes money on the stamp process.
Posted by NOLAGT
Over there
Member since Dec 2012
13781 posts
Posted on 1/15/25 at 1:49 pm to
quote:

I’m ok with full auto being regulated though I think we should be able to buy and register new production and not be limited to pre 1987 date of manufacture


Pre 1987 H&K transferable MP5 50,000.00

Repeal NFA

New production MP5 from H&K 49,999.99


Posted by Grifola
Member since Aug 2017
182 posts
Posted on 1/15/25 at 1:56 pm to
quote:

they'd want to increase the stamp cost most definitely to account for inflation


I’m kind of surprised they haven’t tried to sneak a NFA tax increase in some other bill already. I mean a $200 tax was a big barrier for a lot of folks in the 1934, which was the intent.
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