H.R. 2427 · 117th Congress · House

NFA Modernization Act of 2021

Active· Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Introduced
Apr 8, 21
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

5
  1. OCT 19, 2021•Committee

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

  2. APR 08, 2021•IntroReferral

    Introduced in House

  3. APR 08, 2021•IntroReferral

    Introduced in House

  4. APR 08, 2021•IntroReferral

    Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  5. APR 08, 2021•IntroReferral

    Referred to the Committee on Ways and Means, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Committees

3

Crime and Federal Government Surveillance Subcommittee

hsju08

Referred: Oct 19, 2021

Active

Judiciary Committee

hsju00

Referred: Apr 8, 2021

Active

Ways and Means Committee

hswm00

Referred: Apr 8, 2021

Active