H.R. 2427 · 117th Congress
NFA Modernization Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
RaskinSponsorNo cosponsors.
This bill 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.
What it does: CRS summary · Introduced in House · Apr 8, 2021
NFA Modernization Act of 2021
This bill 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: NFA Modernization Act of 2021
Latest action (Oct 19, 2021): Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Policy area: Taxation · Origin: House · Introduced: Apr 8, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.