Repeal the NFA Act
1/26/2024, 8:15 AMSummary of Bill HR 450
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.
Congressional Summary of HR 450
Repeal the NFA Act
This bill repeals the National Firearms Act.
Read the Full Bill
Current Status of Bill HR 450
Bill HR 450 is currently in the status of Bill Introduced since January 24, 2023. Bill HR 450 was introduced during Congress 118 and was introduced to the House on January 24, 2023. Bill HR 450's most recent activity was Referred to the House Committee on Ways and Means. as of January 24, 2023Bipartisan Support of Bill HR 450
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
22Democrat Cosponsors
0Republican Cosponsors
22Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 450
Primary Policy Focus
TaxationAlternate Title(s) of Bill HR 450
Repeal the NFA ActRepeal the NFA ActTo amend the Internal Revenue Code of 1986 to repeal the National Firearms Act.Comments
Most relevant
Sponsors and Cosponsors of HR 450
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