CONGRESS FOR VOTERS

RepublicanBill · S. 1224· Senate(119-S-1224)

RIFLE Act

Rep. Cotton
Age: 49 years
Arkansas
Introduced
4/1/2025
Last activity
4/1/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
Tom Cotton
Cosponsors
Republican - 14Democrat - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the "Repealing Illegal Freedom and Liberty Excises Act" or the "RIFLE Act," aims to amend the Internal Revenue Code of 1986. The primary objective is to repeal the firearm transfer tax found in section 5811. The legislation also includes several conforming amendments to other sections of the Internal Revenue Code. These changes ensure that the code reflects the repeal of the specific tax. The amendments apply to transfers occurring after the date the Act is enacted. Finally, the bill includes a rule of construction regarding firearm jurisdiction.

Yes

  • Would gun owners be better off under this?+6

    The repeal of the transfer tax directly reduces the cost of acquiring and transferring firearms.

  • Does this protect the right to own guns?+5

    Repealing the firearm transfer tax facilitates easier and cheaper access to firearms, supporting Second Amendment interests.

The opposite

  • Does this put more limits on buying or owning guns?-3

    The bill repeals a firearm transfer tax, which reduces the regulatory/financial friction associated with firearm transfers.

  • Does this give the federal government more power?-1

    The bill reduces federal tax revenue through the repeal of a tax.