TaxationFirearms and explosivesSales and excise taxes
Why This Matters
This bill aims to modernize the tax code by exempting certain less-than-lethal weapons from taxes, making them more accessible and encouraging their use.
If you are interested in less-than-lethal weapons, you could save money on taxes when purchasing these devices.
Who this affects
Manufacturers of weapons · Consumers of weapons
What changes is this bill making?
1This bill removes taxes on certain less-than-lethal projectile devices.
2It defines what qualifies as a less-than-lethal projectile device.
3The bill requires annual updates on new less-than-lethal devices.
4Manufacturers can request classification for their devices within 90 days.
5It also updates the National Firearms Act to include these devices.
