FOR IMMEDIATE RELEASE
Contact: Caroline Tabler or Patrick McCann (202) 224-2353
April 1, 2025

Cotton, Colleagues Reintroduce Bill to Repeal Tax on Certain Firearm Purchases

Washington, D.C. — Senator Tom Cotton (R-Arkansas) today reintroduced the Repealing Illegal Freedom and Liberty Excises (RIFLE) Act, legislation that would remove a burdensome tax imposed on firearms regulated under the National Firearms Act.

Senators John Boozman (R-Arkansas), Ted Budd (R-North Carolina), Kevin Cramer (R-North Dakota), Ted Cruz (R-Texas), Steve Daines (R-Montana), Deb Fischer (R-Nebraska), John Hoeven (R-North Dakota), Jim Justice (R-West Virginia), Bernie Moreno (R-Ohio), Pete Ricketts (R-Nebraska), Rick Scott (R-Florida), and Tim Sheehy (R-Montana) are co-sponsors of the legislation. Congresswoman Ashley Hinson (Iowa-02) introduced companion legislation in the House.

“Law-abiding Americans who exercise their Second Amendment rights should not be subject to unnecessary taxes and restrictions preventing them from doing so. Passed into law in 1934, the National Firearms Act needs to be amended. Our legislation will remove the red tape that places an undue financial burden on would-be gun owners,” said Senator Cotton.

“The Second Amendment is a Constitutional right that is not to be infringed. Law-abiding gun owners should not be forced to pay an unconstitutional firearm tax. This bill will remove unnecessary financial barriers on lawful gun owners from the antiquated 1934 National Firearms Act and protect the Second Amendment rights of Iowans and Americans,” said Congresswoman Ashley Hinson.

Text of the legislation may be found here.

Background:

  • The 1934 National Firearms Act (NFA) regulates short-barreled shotguns and rifles, automatic firearms and suppressors. In addition to background checks and registration, NFA regulated items have a $200 tax.
  • The ATF has acknowledged the tax was intended “to curtail, if not prohibit, transactions” of firearms. The $200 tax, unchanged since 1934, is equivalent to $4,741 in today’s dollars.
  • From 2018 to 2023, ownership of NFA regulated items have grown by more than 230% as more sportsmen, shooters and firearm enthusiasts exercise their Second Amendment right.
  • The RIFLE Act does not modify the current checks and registration; it solely removes the federally mandated financial burden on law-abiding gun owners.
  • The legislation is endorsed by the National Rifle Association and the National Shooting Sports Foundation.

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