Repeal the NFA Act

1/26/2024, 8:15 AM

Repeal the NFA Act

This bill repeals the National Firearms Act.

Bill 118 hr 450, also known as the Repeal the NFA Act, is a piece of legislation currently being considered by the US Congress. The bill aims to repeal the National Firearms Act (NFA) of 1934, which regulates the sale and ownership of certain firearms, including machine guns, short-barreled rifles, and silencers.

If passed, the Repeal the NFA Act would eliminate the restrictions and regulations imposed by the NFA, allowing for the unrestricted sale and ownership of these firearms. Proponents of the bill argue that the NFA infringes on the Second Amendment rights of law-abiding citizens and that repealing it would restore their constitutional freedoms.

Opponents of the bill, however, express concerns about the potential consequences of allowing for the widespread ownership of these firearms, citing public safety and the risk of increased gun violence. They argue that the regulations imposed by the NFA are necessary to prevent these weapons from falling into the wrong hands. The Repeal the NFA Act has sparked a heated debate among lawmakers and the public, with both sides presenting compelling arguments for and against the bill. As the legislation continues to be discussed and debated in Congress, it remains to be seen whether it will ultimately be passed into law.
Congress
118

Number
HR - 450

Introduced on
2023-01-24

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

1/24/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Repeal the NFA Act

This bill repeals the National Firearms Act.

Bill 118 hr 450, also known as the Repeal the NFA Act, is a piece of legislation currently being considered by the US Congress. The bill aims to repeal the National Firearms Act (NFA) of 1934, which regulates the sale and ownership of certain firearms, including machine guns, short-barreled rifles, and silencers.

If passed, the Repeal the NFA Act would eliminate the restrictions and regulations imposed by the NFA, allowing for the unrestricted sale and ownership of these firearms. Proponents of the bill argue that the NFA infringes on the Second Amendment rights of law-abiding citizens and that repealing it would restore their constitutional freedoms.

Opponents of the bill, however, express concerns about the potential consequences of allowing for the widespread ownership of these firearms, citing public safety and the risk of increased gun violence. They argue that the regulations imposed by the NFA are necessary to prevent these weapons from falling into the wrong hands. The Repeal the NFA Act has sparked a heated debate among lawmakers and the public, with both sides presenting compelling arguments for and against the bill. As the legislation continues to be discussed and debated in Congress, it remains to be seen whether it will ultimately be passed into law.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to repeal the National Firearms Act.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary2/3/2023

Repeal the NFA Act

This bill repeals the National Firearms Act.


Latest Action1/24/2023
Referred to the House Committee on Ways and Means.