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Proposed

Bill · 119th Congress · HR 8921

Freedom from Taxes Act of 2026

Refreshed 2 h ago

Introduced 2026-05-20Topic: taxes

Summary

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This bill would change taxes under the National Firearms Act, which covers certain regulated firearms. It would lower the tax on transferring these firearms from $200 to $0 and the tax on making them from $200 to $0. It would also change the exemption from a separate federal excise tax so that it refers to all of section 5811(a), and it would end the annual special tax on businesses for years starting after the change takes effect. The changes would take effect on the first day of the first calendar quarter that begins more than 90 days after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-05-20HouseReferred to the House Committee on Ways and Means.refer
2026-05-20Introduced in Houseintroduce
2026-05-20Sponsor introductory remarks on measure. (CR H3664)
2026-05-20Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-10-29. Provisions and opinion polling arrive in a later release.