Back to all bills
S 1224119th CongressIn Committee
RIFLE Act
Introduced: Apr 1, 2025
Sponsor: Sen. Cotton, Tom [R-AR] (R-Arkansas)
Civil Rights & JusticeEconomy & TaxesFinancial Services
Standard Summary
Comprehensive overview in 1-2 paragraphs
The RIFLE Act proposes repealing the federal firearm transfer tax under Section 5811 of the Internal Revenue Code, implementing conforming amendments to related tax provisions, and establishing a rule of construction to prevent firearms from falling under Consumer Product Safety Commission jurisdiction while maintaining National Firearms Act oversight.
Key Points
- 1The bill eliminates Section 5811 of the Internal Revenue Code which imposed excise taxes on firearm transfers between manufacturers, importers, and dealers.
- 2Conforming amendments modify multiple tax code sections including 4182, 5846, 5852, 5853, and 5854 to reference the repealed tax's prior application.
- 3Section 3 explicitly states the repeal does not transfer regulatory authority over firearms to the Consumer Product Safety Commission, preserving ATF jurisdiction.
Impact Areas
Federal government tax revenue from firearm transactionsFirearm manufacturers, importers, and licensed dealersConsumers purchasing regulated firearms through legal channelsInteragency regulatory boundaries between ATF and CPSC
Generated by legislative-analyst-uncensored on Nov 4, 2025