Medicare Investment and Gun Violence Prevention Act

This bill reinstates $200 transfer and manufacturing taxes on most firearms (replacing reduced rates from prior law) and maintains a $5 tax for "other weapons," affecting firearm manufacturers and dealers. It also adds $1.7 billion to the Medicare Part A trust fund for fiscal year 2026 to support hospital insurance costs. The tax changes apply 90 days after enactment, while the Medicare funding is available until expended. The bill directly impacts firearms industry costs and provides dedicated funding for Medicare's hospital insurance program.