Explore The NRA Universe Of Websites

APPEARS IN Hunting

NRA-Backed Firearms and Ammunition Excise Tax Passes Unanimously in U.S. Senate<br>Bill Passed in U.S. House by 412-6 Vote in June

Friday, August 6, 2010

By unanimous consent, the U.S. Senate on Thursday passed H.R. 5552 -- the Firearms Excise Tax Improvement Act -- sponsored by Congressmen Ron Kind (D-WI) and Paul Ryan (R-WI). S. 632, its Senate companion, was sponsored by Senators Max Baucus (D-MT) and Mike Crapo (R-ID).

"I would like to thank Senators Baucus and Crapo for their leadership in helping secure passage of this measure," said NRA-ILA Executive Director Chris W. Cox.  "Firearm and ammunition manufacturers were unfairly mandated to pay their excise taxes biweekly while all other manufacturers paid their taxes quarterly.  This was an undue burden on the industry.  In addition to being equitable, the change to a quarterly excise tax payment schedule will allow manufacturers to reinvest funds into researching and developing new products, purchasing new manufacturing machinery and creating jobs without establishing a new tax, adding to the burgeoning federal deficit, or using any bailout money."

The Joint Committee on Taxation has estimated that this legislation will create a net revenue increase of $4 million over ten years.  Accordingly, S. 632 will increase funding for wildlife conservation through the Pittman-Robertson Wildlife Restoration Trust Fund. The Pittman-Robertson Wildlife Restoration Trust Fund, established by enactment of federal legislation in 1937, authorizes the development of wildlife restoration projects across the country.  This legislation will neither raise taxes nor exempt firearm and ammunition manufacturers from paying federal excise taxes into the Pittman-Robertson Wildlife Restoration Trust Fund.

H.R. 5552, the House companion of S. 632, passed in the U.S. House of Representatives on June 29 by 412-6 margin with only a handful of congressmen -- John Conyers (D-MI), Sam Farr (D-CA), Dennis Kucinich (D-OH), Jerry Nadler (D-NY), Ron Paul (R-TX) and Maxine Waters (D-CA) -- voting against this common-sense measure. To view this roll call vote, click on: http://clerk.house.gov/evs/2010/roll400.xml.

The bill now goes to the President for his signature.

TRENDING NOW
SCOTUS Reverses and Remands Two NRA-ILA Backed Magazine Cases

News  

Thursday, June 30, 2022

SCOTUS Reverses and Remands Two NRA-ILA Backed Magazine Cases

One week after our landmark victory in NYSRPA v. Bruen, the Supreme Court issued orders in two other NRA-ILA backed cases. Those cases, ANJRPC v. Bruck and Duncan v. Bonta, challenge New Jersey and California laws that ban magazines capable ...

“I Did That!” Biden’s Gas Crisis Creates Public Safety Crisis

News  

Tuesday, July 5, 2022

“I Did That!” Biden’s Gas Crisis Creates Public Safety Crisis

The Biden Administration is serious about making it more difficult for responsible citizens to exercise their gun rights, which is hardly surprising from the most anti-Second Amendment president in history. What is less obvious is ...

California: Legislature Passes and Newsom Signs Anti-Gun Bills

Friday, July 1, 2022

California: Legislature Passes and Newsom Signs Anti-Gun Bills

The California Legislature starts their Summer recess today, but not before a busy week full of defiant action against the recent Supreme Court victory in the NRA case of NYSRPA v. Bruen. The legislature passed several anti-gun ...

New Jersey:  Despite Historic Supreme Court Ruling Gun Bills Advance in Trenton

Friday, July 1, 2022

New Jersey: Despite Historic Supreme Court Ruling Gun Bills Advance in Trenton

On the heels of last week’s landmark Supreme Court decision in NYSRPA v. Bruen, Majority Democrats in Trenton doubled down on even more Second Amendment infringements by passing yet another package of gun bills.  This is ...

California Leaks Personal Data of Carry Permit Holders

News  

Wednesday, June 29, 2022

California Leaks Personal Data of Carry Permit Holders

On Monday June 27, California Attorney General Rob Bonta announced the launch of the California Department of Justice (DOJ)’s Firearms Dashboard Portal. The data tool was designed to give granular firearm transaction and Concealed Carry Weapons (CCW) permit ...

A Century of Opposition to New York’s Sullivan Law

News  

Tuesday, July 5, 2022

A Century of Opposition to New York’s Sullivan Law

On June 23, the U.S. Supreme Court struck down New York’s discretionary carry licensing regime as a violation of the Second Amendment right to bear arms in the NRA-backed case NYSRPA v. Bruen. The law at ...

The Dominoes Begin to Fall: NJ Amends Permit Rules After Bruen

News  

Tuesday, June 28, 2022

The Dominoes Begin to Fall: NJ Amends Permit Rules After Bruen

New Jersey’s acting Attorney General, Matthew J. Platkin, issued a directive “clarifying requirements for carrying firearms in public” a day after the historic ruling by the U.S. Supreme Court in New York State Rifle & Pistol Assoc. v. ...

New York:  Majority Democrats Vote in Lockstep to Defy the United States Supreme Court

Friday, July 1, 2022

New York: Majority Democrats Vote in Lockstep to Defy the United States Supreme Court

Anti-Second Amendment politicians returned to Albany late this week and did the bidding of Gov. Kathy Hochul.  She called the Legislature back into an “extraordinary” session this week.  The session was anything but extraordinary. Lawmakers ...

NRA-ILA Asks Court to Stop the California DOJ From Releasing Gun Owners’ Personal Information After Massive Data Leak.

Thursday, June 30, 2022

NRA-ILA Asks Court to Stop the California DOJ From Releasing Gun Owners’ Personal Information After Massive Data Leak.

Earlier this week, California Attorney General Rob Bonta announced that he would be releasing firearms data via the California DOJ’s Firearms Dashboard Portal. That data contained gun owners’ names, dates of birth, gender, race, driver’s license numbers, addresses, and criminal ...

North Carolina: Carry Permit Training Bill Going to Senate Floor

Thursday, June 30, 2022

North Carolina: Carry Permit Training Bill Going to Senate Floor

Today, the Senate pulled House Bill 49 from the Committee on Rules and Operations and will send it to the floor for final passage. It requires sheriffs to waive the training requirement for former concealed carry permit ...

MORE TRENDING +
LESS TRENDING -

More Like This From Around The NRA

NRA ILA

Established in 1975, the Institute for Legislative Action (ILA) is the "lobbying" arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution.