Videos tagged with HR 2427

This ARFCOM News segment discusses a bill (HR 2427) that proposes a 50% increase in the NFA tax. It also touches on a bizarre manifesto that went unchallenged by legacy media, Iowa PDs offering free training simulators, David Hogg's failed pillow venture, and a Michigan woman suing an official who displayed a rifle during a meeting. The video highlights a variety of firearm-related news topics relevant to gun owners and Second Amendment advocates.

The NFA Modernization Act of 2021 (HR 2427) proposes significant increases to NFA tax stamp costs, aiming to raise revenue from firearm owners. Introduced by Jamie Raskin, the bill would raise the current $200 tax stamp to $300 immediately, with annual inflation-based increases thereafter. The legislation targets pistol braces, estimating potential government revenue of $8 billion. Funds are earmarked for ATF gun violence prevention initiatives and the Office of Justice Programs.