3.0.0 2427 2023-01-11T13:48:51Z 2023-01-11T13:48:51Z House HR 2021-04-08 117 [Congressional Record Volume 167, Number 61 (Thursday, April 8, 2021)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. RASKIN:H.R. 2427.Congress has the power to enact this legislation pursuantto the following:Art. 1 Sec. 8[Page H1721]]]> hsju00 Judiciary Committee House Standing hsju08 Crime and Federal Government Surveillance Subcommittee Referred to 2021-10-19T20:47:15Z Referred to 2021-04-08T19:00:25Z hswm00 Ways and Means Committee House Standing Referred to 2021-04-08T19:00:20Z 2021-10-19 hsju08 Crime and Federal Government Surveillance Subcommittee 1 House committee actions Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. Committee 2021-04-08 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. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2021-04-08 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. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2021-04-08 Introduced in House IntroReferral Intro-H 9 Library of Congress 2021-04-08 Introduced in House IntroReferral 1000 9 Library of Congress R000606 Rep. Raskin, Jamie [D-MD-8] Jamie Raskin D MD 8 N Taxation Firearms and explosives Government trust funds Transfer and inheritance taxes Taxation 00 2021-04-08 Introduced in House 2021-07-26T16:25:54Z 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.

]]> NFA Modernization Act of 2021 Display Title NFA Modernization Act of 2021 Official Title as Introduced To amend the Internal Revenue Code of 1986 to increase the transfer tax on certain firearms, and for other purposes. Introduced in House IH Short Title(s) as Introduced NFA Modernization Act of 2021 Introduced in House IH Introduced in House 2021-04-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117hr2427ih/xml/BILLS-117hr2427ih.xml 2021-10-19 Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.