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Search Results: keywords:"rifle act"

  • S. 1224, also known as the "Repealing Illegal Freedom and Liberty Excises Act" or the "RIFLE Act," aims to amend the Internal Revenue Code of 1986 by eliminating the firearm transfer tax stated in Section 5811. The bill ensures that all related sections of the Code are...

    Simple Explanation

    S. 1224 is a plan to stop charging a special tax whenever someone buys a gun. This change won't let a different group, like the one that makes sure toys are safe, watch over guns.

  • H.R. 2552, also known as the "Repealing Illegal Freedom and Liberty Excises Act" or the "RIFLE Act," aims to change the Internal Revenue Code by removing the tax related to firearm transfers. The bill specifically repeals Section 5811 of the Code, which previously imposed the firearm transfer...

    Simple Explanation

    H.R. 2552 is a plan to stop a special tax that people have to pay when they want to give or sell guns to each other, and it makes sure these guns aren't handled like toys by the group that checks if things are safe for people.

  • S. 4344 aims to amend the Internal Revenue Code of 1986 by eliminating the firearm transfer tax. This bill, known as the "Repealing Illegal Freedom and Liberty Excises Act" or the "RIFLE Act," also includes conforming amendments to ensure the repeal is reflected in other...

    Simple Explanation

    This bill wants to stop charging a special tax that people have to pay when they buy or transfer a gun. It also makes sure that this change won't mean that another group, who checks if products are safe, will start checking guns too.