This bill, titled the Repeal the NFA Act, would repeal Chapter 53 of the Internal Revenue Code, which is the National Firearms Act (NFA) framework. In practical terms, it would remove the federal tax, registration, and transfer-approval requirements that apply to certain firearms and devices (for example, machine guns, short-barreled rifles and pistols, silencers, and destructive devices). By repealing the NFA, those weapons and devices would no longer be governed by the NFA’s federal tax stamps and registration regime. The bill does not otherwise alter other federal gun laws, so regulation of firearms under those statutes would remain to the extent they are applicable, but the NFA-specific regime would be eliminated and the associated bureaucratic processes would disappear.
Key Points
- 1Repeals Chapter 53 of the Internal Revenue Code, which contains the National Firearms Act, and removes its entry in the table of chapters for subtitle E.
- 2Eliminates the federal taxes, registration, and transfer-approval requirements that apply to NFA firearms and devices (e.g., machine guns, short-barreled rifles/pistols, silencers, destructive devices).
- 3Removes the NFA’s regulatory framework administered by the ATF (including registration and tax stamp processes) for items listed under the NFA.
- 4The bill does not specify replacements or offsets; it would shift regulatory responsibility away from the NFA framework, with outcomes depending on how other federal and state laws interact.
- 5There is a potential impact on revenue from NFA taxes and fees, as those would be repealed; no new revenue provisions or transitional funding are included in the bill text.