Firearm taxes would return to help fund Medicare Part A.
This bill would bring back taxes on certain firearms that were previously removed. People buying or making these firearms would pay a $200 tax, or $5 for certain other weapons. This money, along with an extra $1.7 billion, would help fund Medicare Part A, which covers hospital care for seniors and people with disabilities.
Today, federal law does not collect taxes on the transfer or making of certain firearms under the National Firearms Act. If this bill passes, a $200 tax would be added to most firearm transfers and making, and a $5 tax for transferring "any other weapon." Additionally, the Medicare Part A trust fund would receive an extra $1,700,000,000 to help cover hospital costs for the government's budget year 2026.
HR 6743 · 119th Congress · December 16, 2025 · AI Summary by gemini-2.5-flash · 9/10
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