HR 335
Repeal the NFA Act
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Bill overview
This bill seeks to eliminate the National Firearms Act (NFA) from the Internal Revenue Code. Specifically, it proposes to repeal Chapter 53 of the Internal Revenue Code, which deals with regulations related to the NFA. The bill’s primary goal is to remove the legal framework governing the registration and taxation of certain firearms.
Key provisions
- Repeal Chapter 53 of the Internal Revenue Code.
- Removal of the NFA reference from the table of chapters for subtitle E.
- Elimination of NFA regulations as part of the tax code.
Who is affected
- Individuals who own firearms regulated by the NFA
- The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF)
- The Internal Revenue Service (IRS)
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119th CONGRESS — 1st Session
H. R. 335
IN THE HOUSE OF REPRESENTATIVES
A BILL
To amend the Internal Revenue Code of 1986 to repeal the National Firearms Act.
This Act may be cited as the Repeal the NFA 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Revenue Code of 1986, and the item relating to such chapter in the table of chapters for subtitle E, are hereby repealed.