The RIFLE Act would repeal the federal firearm transfer tax currently required under Section 5811 of the Internal Revenue Code. This tax, part of the National Firearms Act, applies to the transfer of certain regulated firearms and devices, including automatic weapons, short-barreled rifles and shotguns, and silencers. The bill would eliminate this tax for all transfers occurring after the bill's enactment, while making conforming changes to related tax code sections to remove references to the repealed tax. The legislation includes a clarification that repealing the tax does not transfer regulatory authority over these firearms to the Consumer Product Safety Commission. The bill was introduced by a group of Republican senators on April 1, 2025, and was referred to the Senate Committee on Finance for consideration.
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