RoscoeTurner Posted July 5, 2025 Report Share Posted July 5, 2025 2 hours ago, Got Uzi said: Oh yeah….i almost forgot to add….the fact that people will think it’ll take effect right now and be pissed when they realize it won’t go into effect for awhile yet. 2 Oct 25 is the effective date. Link to comment Share on other sites More sharing options...
johnsonlmg41 Posted July 5, 2025 Report Share Posted July 5, 2025 This is the text of the final senate bill passed by the house. SEC. 70436. REDUCTION OF TRANSFER AND MANUFACTURING TAXES FOR CERTAIN DEVICES. (a) Transfer Tax.--Section 5811(a) is amended to read as follows: ``(a) Rate.--There shall be levied, collected, and paid on firearms transferred a tax at the rate of-- ``(1) $200 for each firearm transferred in the case of a machinegun or a destructive device, and ``(2) $0 for any firearm transferred which is not described in paragraph (1).''. (b) Making Tax.--Section 5821(a) is amended to read as follows: ``(a) Rate.--There shall be levied, collected, and paid upon the making of a firearm a tax at the rate of-- ``(1) $200 for each firearm made in the case of a machinegun or a destructive device, and ``(2) $0 for any firearm made which is not described in paragraph (1).''. (c) Conforming Amendment.--Section 4182(a) is amended by adding at the end the following: ``For purposes of the preceding sentence, any firearm described in section 5811(a)(2) shall be deemed to be a firearm on which the tax provided by section 5811 has been paid.'' (d) Effective Date.--The amendments made by this section shall apply to calendar quarters beginning more than 90 days after the date of the enactment of this Act. The bill was enacted 7/4 and takes effect "calendar quarters more than 90 days after enactment", so it could be two quarters away since 7/4 is into the quarter already. As a result, NO idiot in their right mind will buy anything for at least 90 days, giving everyone a chance to catch up. After that, suppressor prices will drop like a rock. The only things still taxed are MG's and DD's. Everything still follows the NFA process. With what social security recipients and working people just got in tax breaks, everyone will get at least a free can every year and then some. The NRA has lost another battle. 1 Link to comment Share on other sites More sharing options...
StrangeRanger Posted July 5, 2025 Report Share Posted July 5, 2025 That doesn't match this which I posted above and which I believe is the final text. It does not alter or delete definitions (1) through (4) of a firearm in CFR 5845(a) so it would seem to not include SBR/SBS Section 112029 of the Bill on page 968 https://www.congress.gov/119/bills/hr1/BILLS-119hr1eh.pdf Link to comment Share on other sites More sharing options...
timkel Posted July 5, 2025 Report Share Posted July 5, 2025 (edited) It will be interesting to watch how this plays out. I agree that suppressor prices will bump up, but only temporarily. Tax no tax , really isn't a driver for my purchases. But sure I'll take it. The recent fast approval time definitely brought me back in NFA market. Online applications, EFT/jpg file uploads and a few hours to a few day approvals is what is important to me. Edited July 5, 2025 by timkel Link to comment Share on other sites More sharing options...
johnsonlmg41 Posted July 5, 2025 Report Share Posted July 5, 2025 (edited) 56 minutes ago, StrangeRanger said: That doesn't match this which I posted above and which I believe is the final text. It does not alter or delete definitions (1) through (4) of a firearm in CFR 5845(a) so it would seem to not include SBR/SBS Section 112029 of the Bill on page 968 https://www.congress.gov/119/bills/hr1/BILLS-119hr1eh.pdf because what you posted is incorrect. That was but one of the versions of HB1. That bill went to the senate, who had to modify it to make it acceptable for a 51 vote budgetary approval (see democrat party senate parlimentarian). That senate approved version then went back to the house and was passed on 7/3 by the house and signed 7/4 (by the guy you refer to as a dictator) which is the enactment date. Now.....take a deep breath and ponder a democrat house and senate majority, and Kamala Harris as a figurehead president. What do you think would be in HB 1 in that circumstance this week? How much time and money will you expend to make sure that in 2028 all of this is not reversed and perhaps the tax raised to $2000? Edited July 5, 2025 by johnsonlmg41 1 Link to comment Share on other sites More sharing options...
StrangeRanger Posted July 5, 2025 Report Share Posted July 5, 2025 37 minutes ago, johnsonlmg41 said: How much time and money will you expend to make sure that in 2028 all of this is not reversed and perhaps the tax raised to $2000? Something that they would not have the precedent to do if we had left things well enough alone Link to comment Share on other sites More sharing options...
Don. Posted July 12, 2025 Report Share Posted July 12, 2025 On 7/5/2025 at 1:22 PM, StrangeRanger said: Something that they would not have the precedent to do if we had left things well enough alone You get what you pay for, LOL! Link to comment Share on other sites More sharing options...
BillinBama Posted July 14, 2025 Author Report Share Posted July 14, 2025 FWIW, one of my suppressor manufacturers just posted an ad and included the note that the law goes into effect Jan 1. I've no idea if this is so, but they are in the business and should know what is going on. Link to comment Share on other sites More sharing options...
Got Uzi Posted July 14, 2025 Report Share Posted July 14, 2025 Well if it’s a budget bill for 2026 then my presumption would be Jan. 1, 2026 is when it would take effect and that’s what suppliers have been telling me. Link to comment Share on other sites More sharing options...
colt21a Posted July 16, 2025 Report Share Posted July 16, 2025 Eff jan one no tax and all paperwork is needed no rush for anyone the tax never stopped anyone it was the darn paperwork...And everybody knows that.IT was all signed, now years of b.s. lawsuits till 2028 and starts all over again. now most dealers are saying pay tax buy now and get refund some put on layaway wait till jan and some oh they will sell fast you will wait a year...Since 1934 the b.s. clown show is still on..and will always continue.MUSK will be on Mars.till the next go around..that you can bet on and.enjoy 2025, 1 Link to comment Share on other sites More sharing options...
Blanksguy Posted July 18, 2025 Report Share Posted July 18, 2025 Why did they list a "Rate" of $200 for manufacturing machineguns in the Bill (Section 70436) (?) Link to comment Share on other sites More sharing options...
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