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Search Results: keywords:"section 5811"

  • 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.