Federal HB8921 eliminates taxes on firearm transfers and manufacturing under the National Firearms Act.

Federal HB8921, the Freedom from Taxes Act of 2026, amends the Internal Revenue Code to eliminate taxes on firearm transfers and manufacturing under the National Firearms Act. Specifically, it sets the transfer tax and making tax to $0 and exempts certain firearms from the excise tax. The changes will take effect 90 days after the bill's enactment.

Federal HB8921 eliminates taxes on firearm transfers and manufacturing under the National Firearms Act.

Federal HB8921, the Freedom from Taxes Act of 2026, amends the Internal Revenue Code to eliminate taxes on firearm transfers and manufacturing under the National Firearms Act. Specifically, it sets the transfer tax and making tax to $0 and exempts certain firearms from the excise tax. The changes will take effect 90 days after the bill's enactment.