[Congressional Record Volume 171, Number 125 (Tuesday, July 22, 2025)]
[Senate]
[Page S4543]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2973. Mr. MURPHY submitted an amendment intended to be proposed by 
him to the bill H.R. 3944, making appropriations for military 
construction, the Department of Veterans Affairs, and related agencies 
for the fiscal year ending September 30, 2026, and for other purposes; 
which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. ___. INCREASE IN TRANSFER AND MANUFACTURING TAXES FOR 
                   FIREARMS REGULATED UNDER THE NATIONAL FIREARMS 
                   ACT.

       (a) Transfer Tax.--Subsection (a) of section 5811 of the 
     Internal Revenue Code of 1986, as amended by section 70436(a) 
     of Public Law 119-21, is amended to read as follows:
       ``(a) Rate.--There shall be levied, collected, and paid on 
     firearms transferred a tax at the rate of $4,709 for each 
     firearm transferred.''.
       (b) Making Tax.--Section 5821(a) of the Internal Revenue 
     Code of 1986, as amended by section 70436(b) of Public Law 
     119-21, is amended--
       (1) in paragraph (1), by striking ``$200'' and inserting 
     ``$4,709'', and
       (2) in paragraph (2), by striking ``$0'' and inserting 
     ``$55''.
       (c) Conforming Amendment.--Section 4182(a) of the Internal 
     Revenue Code of 1986, as amended by section 70436(c) of 
     Public Law 119-21, is amended by striking the second 
     sentence.
       (d) Effective Date.--The amendments made by this section 
     shall apply to calendar quarters beginning more than 90 days 
     after the date of the enactment of Public Law 119-21.
                                 ______