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United States · Bill · HR

H.R. 2427 (117th)

NFA Modernization Act of 2021

referredUnited States· United States Congress· EN

Introduced

8 April 2021

Last action

Status

Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

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.

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Documents

3 official files

Introduced in House (text)

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Sources

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