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Proposed Federal Firearm Legislation HB2427

  this is an anti-gun bill
Legislation Overview

Title: NFA Modernization Act of 2021

Subject: Taxation: Firearms and explosives: Government trust funds: Transfer and inheritance taxes

Description: Increases from $200 to $300 the excise tax on the transfer of certain firearms. It also establishes a Firearms Trust Fund and transfers to such fund the revenues from the increased excise tax. The bill requires equal 50% expenditures from the fund for gun violence prevention initiatives of the Bureau of Alcohol, Firearms, and Explosives and the Office of Justice Programs of the Department of Justice.

Session: 117th Congress

Last Action: Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Last Action Date: April 8, 2021

Link: https://www.congress.gov/bill/117th-congress/house-bill/2427/all-info

Sponsors

Note: the first sponsor listed is normally the primary sponsor. If a sponsor's name is a hyperlink you can click on it to 'follow the money'.

1 sponsors: Jamie Raskin (D);

Percentage of House Of Representatives sponsoring bill: 0% (1 of 435)

History
Chamber Date Action
House Apr 8, 2021 Introduced in House
House Apr 8, 2021 Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
House Apr 8, 2021 Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Texts
Type Date Federal Link Text
Introduced Jun 5 2021 federal link bill text
Amendments
Title Description Date State Link Text Adopted
There are no amendments to this bill at this time
Committee

Chamber: H

Committee Name: Ways And Means

Votes - Click on description to view vote roll call

There have not been any votes on this bill

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