NFA Modernization Act of 2021
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2021
Committee Review
Floor Vote
President
Introduced Apr 8, 2021
Last action Oct 19, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Oct 19, 2021
House · Referred to committee
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Apr 8, 2021
House · Referred to committee
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.
Apr 8, 2021
House · Introduced
Introduced in House
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jamie Raskin
DDemocratic
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