Tax Stamp Revenue Transfer for Wildlife and Recreation Act

This bill redirects 15% of net revenues from silencer transfer taxes (under IRS section 5811) into a new Conservation of America’s Wildlife Trust Fund. The fund will expedite processing of silencer transfer and manufacturing applications by the ATF, requiring approvals within 90 days (unless a legal violation is found). It also directs 85% of these tax revenues to the existing Pittman-Robertson Wildlife Restoration Fund for wildlife management and public target range construction. The provisions apply for seven years from enactment and directly affect silencer applicants, the ATF, and state wildlife programs receiving federal funds.